Hi Kevin,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

In the near future id like to move out and purchase another similar property but I'm trying to maximize my income and property performance before hand to give myself the best chance at qualifying for a fha loan 3.5% down.

A slight slowdown in terms of prices and days on market but inventory remains very tight (1 month).Sales - Months of SupplyThere is one month of supply for our target property profile.

The owner now has "cannibalized" with this REVERSE MORTGAGE LOAN all of those sums and is NOW maxed out with the $700K being pulled out.

From my experience, starting with long-term rental properties is a smart move, especially for those looking to build wealth steadily over time.

I will need a loan for 45k on a 90k appraised home.

I am buying SFR long term rentals personally.

Just a couple notes from my side: I don’t believe you can lend from your IRA to yourself to flip a house since you are a “disqualified” person, or whatever the term is.

Should I save for a conventional loan, get a HELOC, or do a cash-out refinance with my first property?

This is fine for deductions, but it looks terrible in a loan application.