@Anup Gazmere - Keep stacking your bankroll and try working along someone in the industry.

Yall are right I don't have all the cash or the mortgage bank rolled experience but I do have determination to try to get this deal done!

Once I'm out of the military I'm going to use my benefits and get my school work complete and build up my bank roll in the process.

Then you could just start bankrolling the savings/income and use it for another down payment... rinse repeat.

Do people make a living by borrowing hard money and flipping or do they all do this with their own money by just slowly increasing their bankroll by flipping?

Do you have a track record, bankroll and what not?

I have about 13 months left and I am putting over $1000 a month away between my IRA, reserves, and bank roll for a down payment when I get out of the Marine Corps next June. 

Since I can't pull any triggers at the moment I am now educating myself as much as possible, debt free, and building my bank roll as long as putting reserves away for a rainy day.

Then the market went the other direction and he filed for bankruptcy.This is clearly an unconventional strategy, but I think it does a great job of reflecting the optimism in an appreciating market and how people can justify deals that ordinarily wouldn’t make sense by developing specific strategies based on the assumption of market growth.When real estate is this hot, I think that unfortunately, there is a need to stick to fundamentals while you wait for the market adjustment to demolish the bankroll of all of the overzealous investors and speculators out there.

Rentals are more than just a job,, it's a 365 24/7 job.. you need a back up person for vacations, and a  bank roll for expenses.