Thank youlm@Thomas S  I haven't been able to find a lender with my lack of decent income to pull the equity out, but I am fairly inexperienced with financing.

They give the inexperienced people a new line of thought on some of these operators and how not to get taken advantage of or how not to be misled into illegal activities. 

We'll offer you a Home Equity Loan with 3% closing costs (on the total amount of  your loan) and a not so good interest rate of 5.49%I'm very inexperienced in the loan industry.  

Never touch a Historically designated home and if the numbers do not work you walk.I seriously doubt if you are inexperienced in flipping that you will do better than a GC quote assuming your quote is fair and reliable. 

Inexperienced or conservative investors do not grasp the concept that every property has two distinctly different income streams.

Hi thereI am wondering if it is advisable for an inexperienced investor to get started with 5+ units or if it would be better to first stick to 1 to 4 units.

That is not my cup of tea.

Dangerous in the hands of inexperienced or incompetent, invaluable in the hands of a craftsman. 

Then the numbers become irrelevant except when you are sipping ice tea in Scottsdale at a world famous resort pool during the winter months and you are comparing the two income streams.

I see offers all of the time from wholesalers in MN offering terrible deals that could possibly get an inexperienced investor in a bad situation.