Thank you for the reply,Investing near public transportation would be good; close to NJ Transit rail would be a good idea.  

It’s important to make sure the lender offers both options so you can transition smoothly if you go with the BRRRR method.Cash Purchase & Mortgage Later: Yes, non-QM lenders offer a product called "delayed financing," which allows you to buy a property with cash and refinance later.

For my first home, I bought a fixer in a transitional area and put 25% down. 

These remaining assets will be owned free and clear, without any mortgage debt, and will begin generating consistent cash flow, which will be directed towards regular investor distributions.This transition represents a significant milestone in our strategy to streamline the portfolio, reduce risk, and ensure healthier returns for you all.Looking AheadAs always, we appreciate your trust and confidence in Poly Capital Group.

On top of that, we transitioned the loan from a community bank to a Freddie Mac agency, making it non-recourse—a significant upgrade.Exit:Today, on August 15, 2024, I’m proud to share that we sold the property for $3.15M.

You are much better off transitioning into an annual rental in this situation.

I plan to start out wholesaling learn how to spot good deals and then transition over to flipping.

Look at census data or local reports.Explore the Neighborhoods:Amenities: Properties close to schools, shops, and transit tend to attract more tenants.

After 4-6 months transition to annual because Vacationers will be nonexistent and you will be stuck with zero income.

💪👊I'm an active duty AF, about to retire as well in the next few months, any advice on transitioning?