You would have to have silly amount of cash like hundreds of thousands or you would have to do very very risky things like venture capitalism, IPOs, option trading and all that (which is quite impossible for a young college dropout).

Strategies we've used in the past, not in order of preference: Fix & Flip; Rental; Owner Finance (On both the buy side & the sell side);  Joint Venture w/ the owner- Occasionally we'll find property owners that are open to partnering w/ us to renovate their property & share in the profits when it's sold.  

I lived in Arizona and did many flips there and recently participated in a successful joint venture with someone in the Dallas area.

All the best on your real estate venture!

I've been in the wholesale game and was looking to venture out morePurchase price is $130k Rehab/repair $30k or less some of the work will be done by my husbandARV $265KMy lender has to evalute the property to confirm thr ARV because the tax accessment says thr house has 4 bedroom and it truely has 6.

Good luck on your venture. 

I may be contacting a couple of you to explore the possibility of a Joint venture to save the residential deal, where I have a funding source but require some down money.

It may be worth talking to a lawyer about setting up some sort of Joint Venture for this type of situation.

So I would show the seller all of her options:Listed with an agent on the MLS and discount it  severely, Pay about 10% for the cost to sellLease it out as is and wait for some appreciationSo what do you want to joint venture where you bring money to the table to fix it and resell it and pay her all the equity possibleTo do a joint venture with a lower equity deal,First you buy it subject to the existing financing and give her a note for her equity and fix it then resell it with an agentLet's say you want to 10,000 on the joint venture135 ARVOwes 109Sales cost 10% or 13,500I don't know what the repairs areRepairs plus sales cost plus costs to sell equals X135 minus X------Compared to Wholesaling deal .7 times ARV minus repairs minus wholesaling fee

Have you been able to start your flipping venture in Framingham and how has it been finding deals?