I am a new member to BP and literally can't absorb all this information fast enough!

I believe an effective approach is to include a seller concession in the purchase contract, specifically as a seller contribution towards the buyer's closing costs.For instance, we had a case with VA buyers where we implemented this strategy, allowing a portion of the loan to be disbursed to them in cash.

My dad is a long time investor and I've picked a few things up from him, but the majority of my knowledge has come from consuming mass amounts of books, podcasts, and reading the forums here on BiggerPockets. 

I am curious to learn more about this.

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game.

@Christopher Robert Noland Thank you so much for this!

You won't learn this sitting behind a computer screen.

No, this is illegal in most states. 

So all in all a cash out refinance in this market with rates dropping right before the storm of buyers hitting the market and prices shooting up is all a good thing!

with the market flat, contractors booked up, materials expensive and tremendous competition for deals it is very, very difficult for a new investor at this time.i've used hard money and also bought with cash and then financed the rehab.