Is the initial negative cash flow ok to overlook knowing I can cover the difference AND that the deal will eventually lead to positive cash flow in excess of $100 each unit per month once I re-finance and move out of one of the units?

Wouldn't that eventually drive down rents?

I am looking to make a move into the Real Estate Investment industry by way of wholesaling to start and then eventually moving to flipping and building a portfolio of rentals.

I've set uupan appointment with a few more banks and I'll call more later, so eventually I'll find the financing I need.Does anyone know of any banks around western washington that offer 203k financing on separated duplexes?

It still cash flows, I have nothing out of pocket, and can eventually purchase the property for less than what the market value would be.Notes: I have enough cash to do a traditional financing on this, but would not.

I eventually want to rollover my stuff into a SD 401K to avoid the taxes.

My goal is to eventually gain financial freedom (teachers generally don't have this option if they only teach!)

But I would hope to build a partnership and eventually have him buy into a equal share position where profits could be split 50/50.Thoughts anyone???

Eventually I plan to pursue financing through private partners. 

It's not highest on my priority of things to do, but I would like to do it eventually.