I'm sure others (BOA) might be able to provide lines of credit as well, but as with all of them you'll have to provide good documentation for their applications.

Check out page 5 and 6 to see if the contents of the handbook are applicable to your situation.

While it may seem like a good idea to pay for the downpayment on a house and let your lender cover the rest of the expenses, there are potential drawbacks to consider.

Hi Erik, To kick off analyzing the potential of this deal, and whether or not it's worth investing in, I would ask you what your end goal is.

These typically don't appreciate as much as other locations, but they have more potential for cash flow and can be a great way to get started. 

There is also the thing of a physician loan where I wouldn't have to put a down payment on the house and secure a loan although I would want to try to aim for a fixed rate (or maybe variable since interest rates are potentially going to be cut in the future?) 

We're interested in small B/C class multifamily properties (2-4 units) in the $200-$325k price range that has potential to reach 10% COC, with special interest in exploring hidden value opportunities via renovations/upgrades.

Look forward to speaking and potentially partnering with you all soon! 

To earn passive income through flipping houses, investors should aim to purchase properties with high potential resale value and minimize their time spent on the renovation and sale process.7.Commercial Real EstateCommercial real estate investments can provide passive income through leasing the property to tenants.

Going solo may offer potentially lower costs and more control but brings challenges like time-consuming coordination, potential delays, and warranty complexities.