Suggest you stay with a traditional brokerage that provides good training.

https://www.biggerpockets.com/flip-analysisYou may find traditional financing difficult to secure on such a small loan amount, especially if the property is distressed. 

Networking event after event, rich friend after rich friend, everyone is interested but are not pulling the trigger.  

I have 2 successful buy/renovate/rent/refinance under my belt using traditional financing.

Rich Baer, Esq.

CMHC-insured financing can help open the doors to homeownership by enabling homebuyers to purchase a home with a minimum down payment starting at 5%*.Features Loan-to-value ratios up to 95% for 1 – 2 unit owner-occupied properties.Loan-to-value ratios up to 90% for 3 – 4 unit owner-occupied properties.Down payment flexibility — In addition to traditional sources, non-traditional sources of down payment are permitted for loans with loan-to-value ratios from 90.01% – 95%.Flexible financing options — single advance and progress advances are available.CMHC-insured mortgages are portable — helping to reduce or eliminate the premium on the purchase of a subsequent home.CMHC homeowner mortgage loan insurance is available to a maximum of one property (1 – 4 units) per borrower/co-borrower at any given time.CMHC offers mortgage loan insurance premium refunds for homeowners who purchase an energy-efficient home or purchase and make energy-saving renovations to an existing home.

Rich Baer, Esq.

With the IRS-approved 401k documents, EIN and support from a self directed 401k provider, you'll be able to open brokerage and/or bank accounts for your 401k and invest into the assets you'd like to have in your retirement account whether traditional (such as stocks) or alternative (such as real estate).While you will not be able to setup the Solo 401k yourself, there are more cost effective providers out there.

Whether it's hacking/owner occupied or a more traditional non owner occupied multi unit property, the cash flow, at least to me, is a long term equation.

This is standard operating procedure for any real estate purchase, be it for a traditional retail buyer or a real estate investor.