@Michael Challenger I scraped all the cash I could find and borrowed from family.

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

It's a lot of work upfront but once the team and systems are established it gets easier and as you get better you can expand to another city. 

If you are going to be doing the rehab work in exchange for equity then that value needs to be determined up front with a specific timeline that you have to adhere to in order to earn your equity.

You may need the money the day of the sale or even up front in some locations , while you may not get the lien or deed for 30+60 days after the sale. 

Communicating timelines and expectations upfront can help prevent losing good prospects to other properties.I'd say it's a potential red flag if they want to sign the lease without viewing it.

So should others dupped into believing they can do cash deals.

We just launched a Cash-Flow Breakfast Club for your area!

Ideal if you're short on cash upfront, but be prepared for higher monthly payments.Conventional Loan: @Chris Seveney and I agree conventional is your better option.  

Stack up the cash flow and dip into that as needed to support the asset.