I am a mother of 2 and trying to get into this to save up college funds for them when they grow up so that they too can chase their dreams in life.

If I were to look for other funding I’d look for an investor with a set return.

@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.

I'm not factoring this in right now, going based on the numbers I see.Definitely able to put down additional funds to be creative with a lender, at the numbers you are thinking. 

The house is offered to the buyer at the ARV price, and we explain how we plan to rehab the property and its worth after repairs (ARV).The end buyer has to make a commitment of at least 10% of the ARV, provide proof of funds, and other documents required to list the property on our website.

I have a HELOC open on my primary residence to fund any renovations.

@Jorge Liang Closing the loan under your personal name saves about $1,200 in lender points, but transferring the title to an LLC later comes with costs and risks.

The Strategic Neighborhood Fund is pumping money into key areas, and it’s making a difference.

Anyone can get 4.3% now in a 100% treasury fund (was 5% until recently), virtually risk-free.

Partner Driven fully funded the $60,000 purchase price and covered the $109,106 renovation costs.