My question is..should he use the Robert kiyosaki method...take out a "good" loan... using Other peoples money or should he use all my 60k in my bank account and get the rest from hard money lenders?

This method would actually boost my cash on hand by going this route then.

All of the marketing methods that are taught (including cold calls) work, but its a numbers game and you have to do a lot of work to get that ball rolling initially.

Any help would be greatly appreciated, I have been watching for real estate analyst positions at local companies to try and learn their method to their madness.ThanksJason

Why do you think this method has been most successful for you?

A common method is to setup an LLC and to pool the investors funds (including the solo 401k) in the LLC.

So far this past year I have successfully done 4 deals using the famous brrrr method and I am currently waiting on the refi on another property.

People have some very creative methods of getting deals done on BP :)

Side note: Although possible to receive a loan through either method, most lenders would prefer the title to be held in "joint tenancy" as this way they are able to seize the whole property if someone was to default on loan.Best of Luck,Nick

first, save money like it's scorched earth second, use the BRRRR method when possible. last house I bought for 55k, it appraised for 115k, I pulled cash out (plus the money I was stacking away in the meantime) to buy another house for 68k all-in.