@Alison CromwellIn order to obtain a flip loan with no consistent income history, the following steps need to be undertaken: create an impressive credit score, put aside more funds as a down payment, check out new methods of getting funding besides what is available from banks or other financial institutions, involve yourself in investments with toughened entrepreneurs, show how financially sound you are by doing things such as getting enough money into savings over time through frugal living habits or accumulating valuable assets that can be readily converted into cash when required among others like developing several stable sources of income or steadily growing one.

Purchase price: $138,000,000 Cash invested: $50,000,000 Numerous apartment assets in Greenville South Carolina.Click link to access complete portfolio page:HTTPS://investwithspark.com/portfolio What made you interested in investing in this type of deal?

This isn't going to produce any cash flow for you now, if the market goes up, or if the market goes down.If you have the cash to build, I'd build.

The key is to keep the cash flow coming in.

Atmore is basically out of convenience, as I don't feel like the market will appreciate like others but cash flowing rentals are attainable. 

Purchase price: $95,000 Cash invested: $10,000 My first property purchase is a duplex where i am house hacking.

Wholesaling is an exit strategy for REI, and to do it right, you need a marketing budget of $10K+/monthly and the cash to buy the property if something goes wrong.

LOL But I did have a credit card with a $20K cash advance available.

Everyone's "worth it" is going to be different.A decent Airbnb/vacation rental property here in Colorado will do 8-12% cash-on-cash.

My lender packaged and sold my mortgage, and when I called the new servicer to inquire about a HELOC/ Home Equity Loan they told me I wasn't eligible because of my short ownership duration.I am planning to pay for most of the improvements with cash I have on hand from my W2 job, but I want to get something set up in case of an emergency repair/ use towards other investment opportunities.