Hi, we own a 3 bedroom single family property in Fort Lauderdale, FL. 

I am an Enrolled Agent licensed by the IRS and specialize in real estate taxation.  

A short back story is a long term friend and co worker and I have been talking for a year about getting in to rentals (his parents own 12).

A little background, I own about 9.4 acres in Hermitage, PA where I house hacked the property.

We are looking to add flipping houses and have been diving into learning all about this area of real estate.Our main question is - why not use your own cash for flipping vs. financing?

Hi Robin, I have some experience as a LP but I’m looking to buy my own rental property on my own.

I've been a broker/agent/investor for 22 years, with 25 of my own investments.  

As a lender, I'm sure you know a million agents, but you may consider finding one who owns investments, and therefore understands not only the mathematical calculus of divesting from an investment, but the emotional ramifications as well. 

My wife and I's goal is to own a "bullet proof" portfolio in our hometown on the DFW outskirt.

Further, you now own a “free and clear” property you can borrow against should you desire and probably get all your invested cash out.3.