House hack the 4 plex - it takes less money down and you likely buy the asset that spits off more cash.

Purchase price: $160,000 Cash invested: $40,000 3-2 single family.

The typical wholesaler is cash/hard money only, non refundable deposit, no inspection period and you pay both sides closing costs.

To lead this process of decision-making, formulate distinct preconditions for investing, among them cash flows, expected returns, tolerance of risks and investment timelines.Good luck!

I do buy and hold single families for cash flow and tax benefits.

Are you looking to start with fix and flips, build up your cash, and then acquire rental properties? 

@Brett Lofendo when you start looking at house hacking in the more expensive areas, you can do it but you won't see massive cash flow with 5% down.

If you are looking to refinance into a conventional with a cash-out refi you will need to wait 1 year.

Purchase price: $63,000 Cash invested: $70,000 Sale price: $215,000 Project Overview:A E Talley Construction LLC is embarking on a single-family flip project in a traditional row house located in Philadelphia. https://youtu.be/BXD5TU2VCsA?

I'll still have cash to make a down payment for a new townhouse which is around 380k post the closing of the above SFR.