So, with no foundational knowledge of real property, and no capital, his only alternatives are (1) “bluff” the homeowner into thinking he has the money and intent to close the purchase himself and or convince the homeowner he has an extensive list of cash ready interested buyers (“partners”) with whom he’s done dozens of prior deals or (2) pack up shop, write off the money invested in mentoring to a worthless investment, and decide IF real estate is right for home.  

I have purchased properties in the past with owner financing.

I settled on NBT bank for my 7 family purchase. 

since a BRRRR involves a purchase AND a refinance, you'll 'close' twice and likely pay 10-15K just in closing costs.

That is not an issue.the question is how to coordinate the two sales and one purchase. if it’s too complicated, may just pay the capital gain tax.Quote from @Bill B.: You lost all hope at step 1.

My goal is to purchase one or two homes this year to fix and flip.

Do you have a plan to purchase if you get someone who might be interested?

I recently purchased my first property in Cleveland Ohio.

I found out from googling what a HELOC was so I took one out to get more funds to up my purchase power and jumped into a 3 family.

I know it may vary by municipalities but do they tend to reappraise the property upon purchase?