What type of property are you looking at and have you bought much of it before? 

You'd have 6 mo to finance it and they'd go off appraised value vs purchase price so if you bought smart you'd be able to get most your money back out.

I bought an REO that was winterized.

But I think each case is unique so I'm presenting mine here to get better help.This is for a SFH I just bought a couple of weeks ago for $570k. 

So just bought a nice 2 acre piece of raw land to flip and not sure what to do with the storage shed (image attached) that's on it.

Since then I've bought 4 more buy & holds, flipped 2 homes, sold 4 of the 5 buy & holds, and have passive investments into various commercial properties including a hotel in Dallas, a new construction of a student housing apartment in Central Texas, a land deal in Austin, TX, and a commercial real estate fund specializing in Class A residential assets in NYC.I'm looking to continue my real estate education, expand my network base, share my knowledge and experiences with others, and ultimately get into syndicating of my own deals.Happy to help anyway I can and look forward to getting to know the BP network!

A rental bought now won't cash flow but the IRR long term can be very high when appreciation is taken into account.

In the process i have also bought another home and now having chase bank finance the mortgage for the second home.

So I bought an inhabited duplex with FHA financing intending to get both sides to leave so I could renovate both sides.

I borrowed 10k from a family member for an undetermined 'investment' on a two year payback, and shortly after stumbled across a four family I bought on an FHA 203k.