@Gabriella NataldieTo make a strong financial future, think about getting more cash through side jobs or freelance work, cut down costs by making a budget, and use your saved money smartly.

My Idea is to start with fix and flips to make some “quick” profits and then use that profit to get into more long-term, cash flowing investments.   

Rental income can be used in various ways really but usually they want you to cash flow $1 after taking out their expense ratio from the gross rent. 

LTRs are hard to cash flow right now.

The other 1% are constantly reviewed by licensed Realtors, large wholesalers spending $20,000 monthly for marketing, numerous platforms and services selling leads, fix n flippers, syndicators, investment funds,  and “opportunistic” buyers such as myself with millions of dollars in cash to close any discounted deal in less than 48 hours, if need be.  

Hi Duane,I presume you have a property with equity that you can pull out cash from?

The HELOC would likely be more efficient for securing the acquisition as it would be considered 'cash.' 

@Eric Justice seller financing is not really a way to avoid having cash to close on a property.

I am looking to pay cash on distressed properties and to do the BRRRR method.I have a team in place but would be very interested in connecting with fellow investors, contractors, lenders, pretty much anyone who touches Birmingham real estate.Thanks so much, John

As long as it will pass an appraisal and not be "Subject to" major issues you can get a renovation or personal loan for work.Unless you are cash fluid and can add some cash back into the property and then pull back out on the ARV refinance.