I have several properties I did a JV agreement on with someone while we were feeling each other out.

Until you build your real estate portfolio up to what you feel is enough cashflow to live off from your rentals.

It all depends on the seller and their needs and I truly feel like offering more options than just going on the market gives a seller more options.

Feel free to reach out so we can discuss details. 

Feel free to reach out with any questions!

Buy creative real estate, don't chase the comfort of a nice new house, chase the cashflow opportunities to start.

There are definitely some key differences between wholesaling and flipping that you'll want to consider as you get started, feel free to post the questions you have about it.

Taking the emotions out of the working relationship -  that is, my 'sympathy'for  his dad being greedy and thus losing jobs left and right because his dad insists on masquerading as a contractor despite being just a handyman limited to CA CSLB statutes that strictly limit all handymen in the state from being compensated more than what's left of $500 after materials - I realize I have reiterated with son on several occasions that CSLB limits handymen to $500 per project as the maximum for both materials AND labor per project IS the basis for fairness.I realize being told that the above (current CSLB limits )isn't 'fair' is a huge slap n the face after having given formerly father, and now currently and ongoingly the son for the past 11 months and change, steady work.Perhaps it's a sign of the times where even handymen and jobbers would rather sit around making no money than taking what they feel is 'less' pay than they could be making 'if they were' a contractor?

I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.

But you have to do what you are most comfortable with.