Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

Purchase price: $1,150,000 Cash invested: $200,000 Sale price: $1,599,000 Welcome to your dream home!

If you're going the live in flip route - one great option would be to go with a low money down owner occupied loan to fund your next purchase.

I live in the Denver, CO metro area and have become very interested in REI through house hacking my first home purchase last summer in the Littleton area.

I purchased the property from the Shelby County Land bank. 

I hope no one is using this to actually purchase property subject to.

With those in mind, would a portfolio purchase get you there quicker, maybe. 

I am wanting to purchase a condo in the St Pete Beach (preferable Treasure Island) market post hurricane(s).

Everyone has the right to write about their experience but I would be more inclined to pay attention to the review of someone who has been playing video games for years than the person in your example who purchased their first Xbox with no past experience.

I'd have suggested a down payment assistance program for your first purchase.