There's many other options in real estate such as syndication and note investing depending on your level of involvement. 

Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping. 

I proved to them lending me their money was an easy way for them to profit themselves.

They lend me $193K but $40K was held in escrow for the rehab. 

While there are undeniable challenges—higher interest rates, tighter lending conditions, and market uncertainty—there are also unique opportunities that can make real estate a very prudent choice if approached thoughtfully.

American Banks (like BofA and Wells) actually did lend in CR pre-2008 but that possibility disappeared after the crash.

The funds can also be directed for a business purpose such as hard money lending....also buy into a business or develop RE at your own timing (all capital gains tax deferred, without having to follow any timing guidelines.)2) Net rental income: If you buy a property through the DST you don't have to take the rental income.

If anyone has information re: fannie mae freddie mac NOT lending on this type of property structure please post.  

@Stefano, there are a host of lenders that can lend to foreign nationals.

Happy to chat BRRRR lending anytime.