Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Check out these great reads.9 Reasons You Couldn't Find A Buyer For Your Wholesale DealDon't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldGood luckPaul

But long term you may want to leverage the property to expand your rental company.

I have great creditLimited liquid cash as of todayI have some credit cards to play withI have a solid network to possibly leverage other people's money

I could spend 3-5k on each of the upper 4, the 2 lower units are not even close to ready, flooring cabinets ect.Owner drops other shoe: The commercial lender has decided to "Not renew smaller property loans" (As per owner)He has received a "Foreclosure notice" yesterday, He also mentioned the bank did an "Environmental exam" a few days ago.He owes $258k on the property, an educated guess tells Me it will appraise between 175k-225k depending on who wants the appraisal.I know most would run away and I may do that.

The Issue: I want to buy real estate leveraging OPM but have no suitable income to satisfy a lender.The Goal: Purchase cash flowing real estate without ever needing to get a full time salaried job.Where I'm at now: I am twenty three years old, just out of college and am supporting myself with different jobs [mostly hired on an independent contractor] and paid hourly.

Almost all of my education has been connected to BiggerPockets.

HelloI have done a lot of reading on SDIRA's and bought our first duplex with all cash from within our SDIRAs.I have started looking at larger properties that I would NOT have enough cash in the SDIRA, and am trying to figure out how to leverage the SDIRA.I know that it IS possible to mix both SDIRA funds and non-IRA funds, but that there are also a lot of rules to it.

, educating ourselves, and figuring out what we want to do next (we closed on a triplex earlier this month).We just decided that I will resign from my job to focus on our real estate venture- scary and exciting!

Read books on flipping and property management and become as educated as you can.

We currently pay $2800 per month for rent which in Atlanta gives us a nice house in a decent area.Strategies:From my limited US RE education it seems like there could be a few other strategies we can use to get into our own place without using cash or bank finance:1.