Considering saving up for a 20% down payment but wondering if there are faster or better ways.Guidance Needed: Financing options based on my situation.Strategy:Current Strategy: Buy and hold.Open to New Strategies: Yes, interested in fix-and-flip and short-term rentals, but I have no experience in these areas.Market:Market Selection: I want to invest locally in Houston.

The prices have gone up so much that is the only reason it is tough to find good cash flow houses.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

Ned you hurt my feelings :) -  I do have evidence to back it up (hahahaha).

@James McGovernI really don't see any up front angle on this situation.  

Just finished up another case with him last week.Good Investing...

Hello All - just finished setting up and putting my first short term rental live on Airbnb.

However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.

I qualify for up to 850k at the absolute MAX and I am able to pick up a 4 bed 2 bath in the San Gabriel Valley.

I know of one coming up close to you if you're interested.