You have to deposit cash up front in your bidding account to be able to bid.  

I went into the course assuming I was paying $10k for a streamlined acquisitions process but what i got was two days of narcissistic self-aggrandizing guru garbage, a “mind map” that looks like it was thrown together, 34 “strategies” that can be found for free on BiggerPockets sprinkled with juuuuuust enough guru gimmick word vomit and hand waving to impress the eager and inexperienced, several of which were repulsive and absolutely predatory..Instructing students who get their offers turned down by a seller to walk out of the appointment, get in their car and blast out the property out to cash buyers anyway..  

I know you need cash to bid.

Sell house and buy a cheaper house all cash avoid the current high interest rate.

A property manager can handle tenant interactions, maintenance issues, and local legalities, providing peace of mind and freeing up your time.

Quote from @Patrick Padovano: Since your father is helping you build, I assume you can build the home cheaper than if you hired an outsider, which means it may cash flow nicely. 

Feel free to connect, I'll be happy to help you where I can. 

If you are going, feel free to let me know.

FHA or VA will give you the best down payment and rates if you are going to live there,Feel free to PM me for more specific advice.

Purchase price: $98,000 Cash invested: $31,000 Sale price: $166,000 We acquired 1212 Ridgmont from a wholesaler, and it turned out to be a straightforward rehab project.