I have the money to buy now but I would rather do creative financing and use as little money as possible out of my own pocket. looking to start with BRRR method but maybe should start with a wholesale first to fund that?

You have a 200k equity buffer, so you should be able to get closer to 130k from a LTV perspective - but will your rent amount cover that new loan?

If a prop is 250k and you can refi at 70% LTV you want to get it at 175k minus rehab costs.

When you are going through the approval process- we do request liquidity or proof of funds.

Market UpdateFor the second time in as many months, the Federal Reserve is on deck this Wednesday with a decision on whether to cut the Federal Funds Rate.

If your Realtor is anything like me, they want to spend any marketing funds where the most eyes will be. 

This means having to take a chance and take the property off the market for 2 weeksOption 2- Accept the offer with a provision that allows you to continue to market the property, knowing that there's a chance FHA may not fund the deal. 

Permitting can become a bottomless pit your funds go in never to be seen again. 

Also find some funding and some friends that can help catapult me to where I am trying to go.Welcome back Jerome!

How did you fund your 2 acquisitions?