Steven Barros keep in mind that if this is paid lump sum, it will most likely be as ordinary income and you will need to pay income tax on it, so actual income on hand will be much less.Also, depending on how active you want to be, you can either purchase a few flips or participate as a LP in a 200+ unit apartment complex syndication.If this is your first RE investment, it is unlikely the banks will lend you a large amount.

I am an "Active RE Investor" so I apply all my rental losses to offset my ordinary income as a " RE wholesaler".  

Basically, even if you and the seller specifically agree to a 0% loan, the IRS (under audit if not found out sooner) will come back and decrease the selling price and add in imputed interest, requiring the seller to report interest income at his/her ordinary rate vs capital gains.

. -- What would you ideally like to hear from an ordinary investor for instant credibility?

It opens up a whole lot of areas that an ordinary account doesn't allow including ownership of real estate directly, ownership in LLCs, private lending, etc. 

Hey @Jason Eberhardt,Income from flipping properties is considered ordinary income and is also subject to self employment tax.

If you are doing flips it’s ordinary income.

Ordinary citizens find it deeply questionable.

Would love to get a 203k loan and fix up that separate building out back and add on extra square footage to the main house already under the roof (now a patio) could make master bed for example.

It is an add on patio room/sun room that is 220 square feet.