When I read all the post like that I wonder how come no one wants to do the traditional method.Get EducatedGet a Job (work as much OT as you can, get side jobs, hustle as much as you can for a dollar)Save moneyBuy a propertyThis is how I started when I was 23 years oldI will start my own acronym:WRBR:Work, Save, Buy, RepeatThere is no easy way!

Creative financing doent work with traditional lending, so you need verifiable income to use and FHA or other conventional method of purchase.

That means you establish a Traditional LLC to carry out the operations of your investments, in order to separate the liability from your assets, including: paying property management, paying contractors, collecting rent, marketing, etc.

I am new to BP but have found the BP tools beneficial over my traditional Excel approach.

Fix & Flips - much of the time it is best to operate from a Series LLC (or a traditional LLC for smaller operations) for the fix and flips, then use an operations LLC [a traditional LLC] to conduct your activities.

There aren't comparable properties within the radius they're willing to search and ultimately every traditional mortgage lender I've looked into only wants to value on comparable sales and disregards the fact that my units are bringing in double the comps being shown in the appraisal.

These are in neighborhoods that were traditionally rental properties but with home values soaring and all the jobs that have come to Tampa Bay are now filled with owner/occupiers.

Christian

I found this house on Zillow, and used a traditional purchasing process with a local real estate agent.

The implication in my case was that I wasn't able to secure traditional financing (getting a mortgage from a bank) because in the event if the property burns down and needs to be reconstructed, it can't be legally built as a triplex anymore.