Hi BP community, I looking to break into the Fix n Flip REI strategy and I have a few questions. 1)  What is the first thing I should do?

(Strategy)2.

However that strategy is worthless for getting retail clients as they don't care about real estate investing and only care about buying and selling.

It’s important to ensure that the borrowed funds are directly used for the acquisition or improvement of the rental property to qualify.Other Considerations:Equity Use: Ensure that the use of equity from Property A for Property B aligns with your long-term investment strategy and does not over-leverage your investments.Loan Terms: Consider the terms of any loan or line of credit carefully, including interest rates, repayment terms, and any potential impact on your cash flow.Conclusion:Leveraging equity from one investment property to purchase another can be a powerful way to expand your real estate portfolio.

However, innovative strategies like seller financing or allowing a mortgage assumption could potentially offset this loss.

Best strategy is to look into rougher neighborhoods, get creative with financing or find off-markets. 

•Repayment Strategy: Consider how the repayment terms align with your financial goals and cash flow needs.

An interactive GIS is a parcel map that you can zoom in and move around in, click on and get data for specific parcels... vs just a map that only shows boundaries and parcel numbersCad stands for central appraisal district.  

Your approach to purchasing and rehabbing a house with cash and then considering a cash-out refinance is a solid strategy, commonly referred to as the "BRRRR" method (Buy, Rehab, Rent, Refinance, Repeat).

I'm looking to use Notion to set up an organized way of inputting data when analyzing a deal.