Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

I agree local banks and credit unions will be better if you're planning on growing your portfolio. 

Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Being a broker myself, I can attest to the incredible value you can bring to clients by understanding not only the brokering side of things, but the application of those funds. 

We currently have six rental units (single and multi family) and one flip under our belt.

Good luck and best wishes.

We had an accounting system once that necessitated doing this - not ideal, but it keeps the assets and liabilities straight and AP is just an accrual until you pay the bill.

Given your husband's expertise in marketing, you probably have the skills to grow a business. 

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

I'm currently flipping properties in my backyard (SoCal) and have the liquidity to fund multiple projects.