Hello again BP membersI have recently discovered how to pick up not so bad REO SFR’s to flip and rent out (or flip and sale .. not my thing though) with basically using the brrrr methodMy question is more of which is better scenario to be inif to pay down my primary residence and then have (easy numbers) 100k available in HELOC moneyOr have 100k cash money laying thereAnd then after having such funds available (easy theoretical numbers)Go out and Find a REO SFR for 50k Needs 25k in repairsAppraises and ARV comes back at 100kAnd will rent out for 1400-1200 a monthCash out finance 75k (75% LTV)Pay back your self or helocAnd repeat process overNow my immediate goal is to reach 15k PASSIVE income but i want opinions on how to get there faster and with this idea i have seen a few examples of in older threads but not alotThanks in advance!

Make sure they bring you a copy of the orders, and make sure you have the right systems and processes in your lease for how a typical military move out should be.  4. 

Hey Justin,To answer the first part of your question, I think it is beneficial to familiarize yourself with the laws and process that a real estate agent is going through to help an investor close a deal. 

I intend to do a little on the side, come to understand how it works and build my own systems and processes around it, and then cut the umbilical cord to go all-in.  

But what @Alina Trigub was referring to was a specific process called a reverse exchange. 

- How far along in the recovery process is Fayetteville?  

I read the  biggerpocket article about it and seems to be a smooth process, however not sure if it will actually be this smooth doing it myself.  

Using  a local lender may be a smoother process than a national name like Bank of America.  

I've started studying different strategies, started reading some books, joined my local REIA , and met a few people in the process.

And as this is my first one, what is the process - have them get "qualified" by a RMLO before or after signing or negotiating.......