I do have a pretty flexible job so I can move things around in my day if I came across an ideal flip.

Even at $50/month--couldn't the flexibility of the extra cash be worth a little cash flow?

My point here is that we are flexible and determined to do whatever makes the most sense.Help me: Strategically figure out how to leverage, say $40k into our first few properties - I am familiar with tons of creative financing options but I'm interested specifically in conventional financing using our good credit to get started.

I'm not convinced all lenders are as flexible as Bill Gulley describes, but perhaps he knows better than me.

Usually their asking prices are beyond reality but they're still worth calling because you may be able to get a motivated seller out of it.We mail out postcards to the for sale by owners, we generally age the list for a few weeks so that they when they get the mailing they could be frustrated it hasn't sold and maybe they will be more flexible.

First i made the leap into business for myself (only regret is i should have done it sooner as my hobby business trippled within 6 months of me leaving since i dedicated more time to it), due to being my own boss in my own business I was able to have flexible hours that enabled me to also research real estate.

If you find a flexible hard money lender and you have an especially good deal, you might get a large chunk financed.

See if you can negotiate credit at closing for the maintenance you mentioned and any other repairs needed that way you will have some cash and be more flexible with your options when you finally own the building.

I am both employed by several as well as have arrangements with them.You have a lot of flexibility on your arrangements.Donations to nonprofits work out very very well.If you donate a property and receive a rather large deduction.

. ;)(not too happy w/ the 25% or the 15 term, but it's the first one, so I have to be flexible)Hope everyone is doing great out there!