Doesn’t seem like a huge source of capital but sure you could do this.

However, unless you are sitting on a ton of capital, I would use flipping to fund your long-term hold acquisitions. 

@Grace BarrSounds like a good plan.I have a second home that’s free and clear.I am considering a similar offer.I think it will also allow me to get a higher price and offset my capital gain over time.I may try to push the down payment a little higher to pay off another rental property to improve cash flow on 2 sides

There are some niche sub-markerts in Oklahoma and what we lack for in huge spreads we make up for in steady appreciation that is virtually “certain” given the state is far behind national averages.

We have enough capital to put down 20% comfortably but can someone please recommend whether I should first invest into a 2 family in NJ since our lease is coming up OR should I first invest out of state then move into a 1 family house in 2020? 

Based on your research into recent sales and your interrogation of a local appraiser, you conclude that the current market capitalization rate for properties of this type in this neighborhood is about 9%."

@Nick Despotidis I basically wanna start with rentals possibly owner occupancy and then I would like to gain capital and repeat the process to own more.

Even if it appreciates down the line, you will have to factor in capital gains tax to see if it’s really worth it.  

Ultimately, you will either have to finance (new mortgage, re-finance existing properties or HELOC) or raise capital from other investors.

Hello all,my name is Howard Green from Capital Heights,Md..My first post to the group,my goal is to acquire buy and hold properties in Baltimore,Md,as of today i have one Sub 30k property under contract that i hopefully can rent out Section 8,brand new rookie to the REI game any and all advice would be greatly appreciated,thanking you in advance.