Quote from @Timothy Villa: Hey Everyone, I am very to to real estate investing and trying to learn about many of the different strategies.

Furnished versus unfurnished are two VERY different things!

I am very interested in avoiding cap gains and recapture. 

I know you all are all very busy and I appreciate your time, and we look forward to hearing from you!

With your focus in using house hacking, Conventional or FHA loans would be your best options.

You've done a great job with keeping your debt low so I have no concerns about your level of discipline to use/reuse a line of credit.All the best!

Which options do you guys think are best when you have no money to put down on a house for flipping?

Numerically was it the best, no, but it made things better for us and we do not regret selling it. 

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

I don’t care to hide my fee as I will be very transparent.