Each way you're making money on the property, it just depends upon the type of use you can envision.

They do make sheet vinyl that looks like wood and if you go to a flooring store usually they will have a much larger selection and can even save you money with different types of installation like going over exsisting floors with a floating vinyl sheet install. 

I would check out Banco Popular or a local hard money lender. 

I currently have tenants who pay through Zelle and with money orders.

But how for newbies like me with no portfolio or track records I spent most of my money on education  now I'm between jobs so it's kind of hard for me to do both.

Hey Jalen, can't speak specifically to MKE though I'm just below the state line in Chicago and can confirm there are ample 2-4-unit properties in the area in need of renovating.One trick with BRRRR investing is to pay a large down payment (30%+) to boost monthly cash flow.

Another option is going to be looking for off market deals, but they are going to want all cash or hard money loan, which you could do for a year and then refinance it once the property passes inspections for a long term loan.

(Before you start reading, I think the overarching theme of this question is that the definition of a Hard Money Lender and Private Money Lender has changed throughout time.

Go after the money.

Quote from @Michael Smythe: @Jay Hinrichs you might find this story interesting.https://www.freep.com/story/money/business/michigan/2024/05/...Someone's gotta start the long road back!