I just need to be more patient with saving close to $200k for my down payment.

In addition to all the experience you have earned you probably also experience a greater sense of satisfaction and accomplishment than he does.

You just have to be patient when buying as there can be a lot of competition now.  

There are good flip deals out there but you need to be patient.

I would be very patient or look in other markets around the US.

@Andres Moralesstarting investing at your age - heck even thinking about investing at your age puts you well beyond most of your peers- you may not be there by 21, but be patient, you will reach your goals in time - Good luck to you! 

Like the difference between buying a growth stock and a bond.I agree that the OP (and everyone else) should carefully work out their TIMING for "trading for cash flow" (to their OWN satisfaction)*, but he/they needn't be questioned derisively as if it's patently a terrible decision (which seemed to me @Jack B.'

Just be patient, make sure you get a good deal with equity & cashflows, and that you can hold through a downturn as this market gets hammered price wise when things turn ... you might have better buying opportunities in a year or so as the market is really hot right now, but educate yourself and start looking now, just make sure you get a good deal before pulling the trigger.

Basically, I would say to either be patient and keep trying or get something that'll cashflow and put BRRRR on hold until you can pull that sort of deal.Depending on your timeframe, it may work better for you as already having an investment property looks good to most lenders.Another option would be to network with some wholesalers, but you would likely run into similar cash issues.

You must find a realtor with a patient mindset.Goodluck