If you don't have experience, you don't want to take your family's money and put it at risk.

Use that money to put down on a real piece of property that offers tax benefits, appreciation and less police traffic.

As for your question on the hard money lenders - I don't think it matters how you source the equity for a deal, but it's more important how much equity/downpayment you can put down on a deal - i.e. 10%, 20%, 30%, etc...

So I'm curious to know which way is better.So let's say I have $100k cash and I can either put 30% down on $100k duplexes, or buy 1 in cash and then BRRRR.

So my question is when I profit from the investment I used to put the money to work do I have to pay taxes on the money I use to pay back the credit cards with???

You will learn much more, you will be safer, and you will eventually grow enough that you can delve into new methods without as much risk.

Want to put 40% down.

How can I find a way to make this work when I only have 20K of my own funds to put in?

It's a bit expensive but STR is a higher risk as well.

I just put all new floors in it this week and the bank appraiser comes on Tuesday!