We closed on the sale of the property Thursday at a sale price of $1.7 million with $412,000 down and a 2 year balloon note (with options to extend) for $1,288,000 at 9.999% interest with interest only monthly payments.  

My point is that it wouldn't hurt for you to start talking to one and see if they have any options for you.

Some of the best spoken words I have ever heard "I also understand that the real money will be made on the 3rd, 4th, 5th+ deals, so my primary concern is getting started, getting experience,"If I were you I would do exactly what you are doing....Educate, network, and take action...I am not sure if it matters whether you flip or hold to get started....the least friction way to get into the game is typically house hacking if that is an option. 

Treat it like a lease with the option to buy with a non refundable down payment.Keep thinking creatively and shop your market every day looking for deals.

Selling is good option.

I see there is also an option for business deposit accounts.

I like to do Options with smaller dollars to get high yields with low risk.Example.

I'm open to properties without septic as compost toilets are an option.  

A few years ago I bought 100+ acres just outside of Montpelier, VT (5 minutes from downtown). At the time, I had no kids and had just sold a couple of my first self-done flips in the southwest, and was really ambitiou...

Initially I wasn't really keen in renting to a family with dogs but since I do not have an option, I am thinking to proceed.