When we're working with clients, we prioritize the ones who we know are going to lead to a payday.

I was hoping to be able to purchase at a price which would provide instant equity based on a bank valuation and then use the cash flow, which at the most conservative estimates I can make would be about $1900/m, to cover additional costs at closing.I definitely understand the bank will view the financing of the 8-plex and duplex differently.I am hoping to structure a deal with the seller which creates a bit of flexibility on when I would need to refinance.

However if you have the time and skills to do a lot of the rehab yourself you can get instant equity gain and the resulting unit is more likely to cash flow.  

We also have an allotment from out W2 income into the checking account and on payday I move the money over to the HELOC.

The paydays rehabbing and reselling (or renting) are much bigger than they are wholesaling. 

Based on experience being in various tax assessment discovery failures by title companies, I have been able to exercise my title insurance on several occasions and has worked well, not instant but it worked.

The only problem is it’s a commercial loan and the rates are a little higher than a residential loan but this is an option that I have that will give me instant cash to play with.Remember, I have 3 kids and a wife so security is a big thing for me.

And you will do this in exchange to learn the business and a pay day when deals close do this in your off hours..

I find it fascinating, and am most interested in buy and hold investing.In April my wife and I bought our first house (first time homeowners) with a no money down VA loan on a foreclosure with instant equity. 

After speaking with the bank I was informed that since this was a residential mortgage I can not instantly place this property into an LLC.