My goal is to purchase distressed property, rehab, and sell.

We just put an offer in on a riverfront one bedroom cottage on a half acre property in Oregon that we expect to be accepted, here's how I plan on purchasing the property with less than the cost of an apartment rental deposit in SoCal:Purchase price is $330k as a FHA Primary Purchase with 3.5% down ($11,550) and a 2.5% ($8250) seller concession towards closing costs.

The purchase price is $415 K and we can put 20% to 25% down.

His name is on the construction loan and it is secured as well as the cash to purchase the property came from a heloc from his personal residence. 

(There were no pending/contingent) We completed the renovation, and put the property back on the market but the sold properties we used to justify the purchase were now too old.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

I am a rookie RE investor. I currently have 2 SFH properties in my portfolio and I’m trying to grow. After some negotiations I have gotten a house down to 350k, 4/2.5 2500sq ft. Rents go for 2800-3200. I’m confident I...

I purchased a 1500sqft 3/2 wood home about two months ago.

So, I purchased a tax sale property. 

If you have that much cash it would actually be more efficient to purchase a pre-existing fourplex, put the 5% down and get some concessions to buy down your rate.Hopefully that all made sense.