We were living in a reactionary world where all traditional processes of onboarding tech were thrown out the window.

A wise investor will not try to get rich quick with shortcuts.

I hope you continue to learn from everyone on this platform.If you have not, great books to read are: Rich Dad, Poor Dad The Millionaire Next Door Cash Flow Quadrant Tax Free Wealth Set For Life Rental Property Investing The Millionaire Real Estate Investor The REAL Book of Real Estate So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.Good Luck and go make it happen!

I am looking into both turnkey and traditional properties, but first need to narrow my markets.

My brother and I are trying to figure out a way to secure this property, but we don't have the $50ish thousand to finance it traditionally.

Either a traditional and self-fund the rehab or run everything cash and then cash- out when you're finished with a higher value. 

- Is it possible to do traditional financing for 70-80% of purchase price and do owner financing for the 20-30% down payment as long as the owner has enough equity?

Here's some more info: https://thinkmultifamily.com/f...Books You Should Read: -Rich Dad Poor Dad (Robert Kiyosaki)-ABCs of Real Estate Investing (Ken McElroy)-Best Ever Apartment Syndication Book (Joe Fairless)-Think and Grow Rich (Napoleon Hill)-The 10x Rule (Grant Cardone)Types of Investing:-Wholesaling- Not really investing, but a great way to build liquid capital to invest. 

They usually have overinflated revenue and low expense assumptions.If you’re comfortable with the numbers on it, just keep in mind that you likely won’t be able to replicate the total rent in the “by the room” model in a traditional long term rental.

In my opinion, they actually made more with the sub-to in as-is condition than they would have with a traditional sale, after you add fees and commissions etc.