Why not just use a traditional renovation loan?  

Have a business plan(401k, SIMPLE, SEP,etc), a personal IRA(Roth and/or traditional) spousal IRA  if applicable.

Any advice is greatly appreciated :) Hi Joseph,There's no rule that says you must own a primary residence before investing in real estate using traditional mortgage financing. $100k mortgage says you're probably investing out of state.

And the seller would have to report any capital gain on their taxes for that year But since he has renovated the place from top to bottom he would fall into the "significant renovation" rule and if a traditional buyer bought the house for 200,000 then the buyer would also have to pay 30,000 in HST?

Most fix and flips will not qualify for traditional financing.

I don't have much experience on real state to really know the best move to get me to my goalThank youThere are some lenders who will do up to 4 traditional 30 year non owner occupied loans on SFR with 15% down right now.

It's seems like your essentially building a CAPEX/Maintenance account, but at a lower cost and you'd be able to count that as expense, when traditionally you wouldn't.

Hi @Christian Salazar, would you mind sending me the name of that agent as well?

The only risk is if the company goes bankrupt (which in case I would then start self-managing), and the only costs I'll have to cover are potential structural damages (which would most likely be covered by insurance).Another plus side of having invested all cash, is that I will have potential access to lines of credit both for home equity (up to 70% of home equity), AND for future guaranteed rents (up to 60% of total 10 year rent roll).Already planning on the next property using the same strategy, but this time with traditional financing (looking for 100% mortgage).

Our town is mostly Christian so I would be contacting a few churches, but there's also a Sikh gurdwara here who I would love to contact, and definitely my Pagan buddies would be finding out about it too.Any thoughts?