If you don't have the funds you'll need to make them through a W2 job, or 1099 contract work.Alternatively, you can looking into other "creative" financing options.

I'm new here, I want to be renting out 5 units in 5 years, and want to start by acquiring my first place next spring (2025).Right now I am following the first steps that Bigger Pockets recommends and testing out how this site works.Are there any Omaha people that I could help with house flipping endeavors?

Consider exploring HELOC options from national banks or online lenders that operate across multiple states.

Also the added value from developing the lot is more in the vacant part than in the already built portion.If we do have to sell the whole parcel, another option could be a performance bond and a lien on the property.Looking up pros and cons of performance bonds, this interesting article comes uphttps://www.lauriebrennan.com/blog/to-bond-or-not-to-bond-th... 

Thank you so much and glad to join the bigger pockets community!

If there are any pockets of Phonix you can recommend that would be great too. 

If not, generate cash and build credit profiles for free i.e. 800 FICOs and 80 PAYDEX LLCsbecause when you need to raise money, the more options the better.If you need any advice on building credit effectively on the cheap,feel free to reach out :)This is my opinion and I'm not licensed,John Acheson, MBA

Since then the company which provided the solo 401k was acquired, rules changed so that now (in 2023) what companies offer this option?

In exchange for the time you spend on this, you will get to save the fee you would pay in option 2 or 3.

The financing options I have seen that make the most sense are Construction to Permanent Loans, but researching all of the different loan options has my head spinning.