-Ability to read and understand most contracts and financial documentsWhat I need:-Money to fund deals likely 400k-1.2 million for first acquisition-Multifamily Experience for the loan and to make raising the money easier (probable possible without, but much better with)-Net worth and Liquidity requirements to qualify for the loan-Experience in turning around a value add in 12-18 months successfully -Experience in Underwriting deals and due diligence-People who are very good at organizing and systematizing-People who excel at operations and administration-People who have a great understanding of construction and contractors (Boots on the ground is a huge plus)All honest feedback is greatly appreciated.Thank you!

For example, equity gain cannot be realized without either selling the property or doing a cash-out-refi or HELOC, but cash flow is liquid and available immediately.

My credit is not awesome (625) and we have about 15,000 in liquid funds right now and our other Airbnbs bring in 5,000 gross/month.

Advice needed ona) Financingb) Stepwise process to get this to from inking the deal on the land, to getting a permit from town, to getting plans drawn and approved to putting in a nice spec for the build.c) Steps to liberate some of the cash/refi at a better rate whilst the house is being marketed.As for me, I think I can pull 100k by liquidating stocks and 200k by borrowing from 401k.

@Andy GrabisThe way I look at it... what is your return by having liquid cash, vs an index fund where you can can receive a return  The way I did it was keep very little "liquid money" or in a checking savings- then you can possibly pull your money from the index when you need to invest 

I would do the recast and open a HELOC to provide liquidity.  

Many are moving their money outside of the city by liquidating their homes.There's a lot to learn when investing, especially in hot, competitive markets. 

Their desire is to leave a portfolio to their children however they will usually liquidate it as soon as they inherit and live a life of luxury.

Your credit score, DTI, and proof of liquidity for the down payment are the primary qualifiers for residential financing and lenders will calculate them using the credit reports they pull, the application you complete, and the tax returns and  bank statements that you provide them. 

First let us start by saying even know is it possible it will take careful planning ,education and execution.For the sake of simplicity we will assume you have $50,000 liquid cash to invest.