Alternatively, you could take a loan against your 401k for that initial amount.Once you’ve secured the property and paid the 5%, you can then work with a private money lender (PML) to close on the property once the deed is ready. 

They ask for 50% upfront, material costs (or combination), and they prefer cash. 

Material Participation in a Real Estate Trade or Business.This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.2.

Were seeing a lot of BRRRR refinances in the sixes rate wise recently - rates have been a bit volatile last couple of weeks but some really solid BRRRR deals going on with DSCR considering the short seasoning periods and rates really competitive with conventional alternatives

Alternatively, consider house hacking or rentals for more stability.

I would like to offer my client alternative solutions, and sober living may be a viable option to make this property cash flow.If you are a sober living operator in Los Angeles County or know someone I can connect with, please feel free to reach out!

@Christian PenaHouse hacking in New Jersey, near NYC, offers affordable alternatives and high demand for rentals.

Go to college (or, alternatively, learn a good trade) and set yourself up for maximum earning potential in a field that's interesting to you. 3.

Try to soak up and understand all the materials you can find here.

Return should always be thought of in the context of alternatives with regard to risk.