Good balance of strong cash flow and appreciation. 19 doors and counting.......

Primary home: 2.75 APR VA / 230k balance / Equity roughly 130k Direct cash: 13kThe goal is to start flipping, but if there are other ideas to build my real estate portfolio, SHOOT!

Also, some banks I've talked to require 30% of the balance to be held in their account.

Thank you for asking for clarification - I would be financing the remaining balance.

Mainly because rentals for me are "long term slow money" and I use the chunks of cash from flips to buy and/or pay down the rental balances (increased cash flow, lower debt, etc).

@Samuel Metcalf- thanks   1) I would recomend getting a HELOC in place on your primary residence duplex  for  as much as  possible...this should be available for  free or a low  cost and the rate will be variable in the  8-11%  range ...prime rate +  margin of  1-3% ) ...the min payment is in interest only payment on outstanding balance   2)  use the heloc for the  remodeling  costs ...pay it down as  agressively as you can   3) on the  purchase of the investmenet  1 unit -  you are  allowed to put as little as 15%  of the price for your down payment ...the pricing you get for the loan will improve  as your down payment  grows so you might look at  75% /  80%  and  85%  ltv  options 

Put it on an auction site starting at your loan balance?

The tangible nature of property investment, coupled with the potential for rental income and capital appreciation, offers a balanced risk-reward ratio.

Asking is $1M-current loan is $650k)The sellers want to avoid carrying the balance $350k balance, even though the simplest thing is if I could make amortized payments on the balance.

@Devon Morrissey most covered by @Samuel EddingerWill add this, check out your state laws and also the PENALTIES.We know how it works in Michigan, where we do biz, and so we balance risk vs reward.