I guess my questions to you all here is how easy (or difficult) is it to get funding for flipping projects starting out with no experience?

Here are the options I'm currently booting around while I wait to close.1. sign all tenants who are currently under a month to month with a 3 month lease to let all my funds and the "new owner" feeling settle in with the tenantsa. update common areas like the halls, stairs, paint etc which will give "reason" to the upcoming rent raisesb. at the end of the 3 months raise the rents on those who need it most in hopes of either they leave or if they stay they're paying at least close to avg rents for the area if not the equivalent of the avg rents.c. as they move out update, raise the rents for the next tenants.2. 

Currently only buying of MLS.Also interested in private funding...

Hard money lender will fund up to 90% of acquisition and 100% of rehab costs, they'll lend to LLCs, they won't really care much about your credit score, and they'll fund within 5 business days.

And keep the rest of the cash for 1 more rental, our self, for emergency funds, and too spend some wisely ?

If I ever did real estate full time, I would try to do 30% taxes, 10% savings, 5% charity, 5% college fund, 10% reinvest in RE, 40% living expenses.

Hi Bowman,A HELOC is a good way to get funds for investing. 

Since the bank will pull the funds back out of your account when the check doesn't clear, I book the check against the rental income account and not as an expense.

I have a few other deals on the table that I just don’t have the funds for.

I don't have all the funds needed to close.