Hard money lending is the most traditional for a flip. 

Just let the traditional loan close with the buyer /seller and then get your check directly from seller.

(preferably a 4 unit with some value add available) After this we will save up again and purchase as many more small 2-4 unit properties as we can via traditional financing until our debt to income limits us.

@Brian Burke@Bryan HancockAlso look into a self directed IRA to be used as vehicle to defer or eliminate tax (traditional or roth)@Dmitriy Fomichenko@Brian EastmanSee https://www.trustetc.com/

Thanks for the reply Marty Johnston My first commercial property was through traditional bank financing but I have another company that occupies the property so the qualification was very different than for investment purposes.

Better to just go with a traditional lender.

It also depends on your current financials and type of loan you get (DSCR or traditional.

I found some investors (hard money) lenders and got started that way. be careful doing this the hard money lenders will give you the money the problem is you will need an exit strategy as the hard money loans are high interest and will require you to pay it back in a short period of time. this is great for doing flips but if you plan on holding and cannot get traditional financing in the end it will hurt.

In my case, a steak dinner is a tradition but the major portion of your funds should only be used to build, protect and enhance your asset’s ability to produce and sustain income generation.By taking on responsibility in the housing market at such a young age, you will have some added benefits and opportunities coming to you.

Since living in the property is almost certainly out of the question, I believe FHA and 203ks are off the table.Would the best plan be to go after a traditional mortgage as co-applicants for the purchase and then HML/private/other form of credit for rehab costs?