There is an opportunity to acquire a medical building ( owner is MD who sold business to a Hugo MSO two years ago and still working part time ) at 8 cap NNN lease.

If you're intrigued by the idea of flipping - these deals can be harder to acquire, consider looking into how to cold call owners of properties so that they will sell to you directly or how you can find these deals and sell them to like minded investors looking to flip or buy rental properties as well. 

Are you currently looking refinance or acquire?

I would pull the 500K, to then monetize through yielded interest bearing markets, then pledge those yields to acquire the purchase power for the planned various down payments  

He talks about how you can purchase a rental property, manage it as a short term rental during the year you acquire it, do a cost segregation study, use those "losses" to significantly reduce your taxable income that year, and then turn the property into a long term rental in the following year. 

Because of the way they are valued, there isn't that much difference in the business plan for profitably acquiring and running these.  

Yes there will be months you will be "down" because you'll be paying to live there but it would be the cost of acquiring the property and will help you start your portfolio sooner rather than later.

Dear all,
I'd like to share a creative finance strategy that I have used to scale to $10.5M of client capital under management and $21M of assets on the books. These assets encompass 33 houses and a $5.5M stake in 20...

Started my journey a year ago started doing some wholesaling and almost a quarter ago "moved" to Cleveland, OH to acquire the first property as an investor.

I can't vouch for it, but the hosts of the Rookie podcast wrote a book about partnerships that may be worth reading before you take on a partner: https://www.amazon.com/Real-Estate-Partnerships-Acquire-Achi...