@Ti Jackson You can go about this a number of ways depending on your financial situation:1) Line of Credit off of your personal residence - You need to have a good amount of equity in order to use this to fund your entire flip.

This requires a fair amount of capital though since you usually need to fund the rehab upfront and then you either get your money back from the hard money lender or when you do the refinance.Long leases are better than shorter.

I have 805 credit and one rental that is completely paid off at a value of ~$110,000 and is occupied.I would like to borrow against my rental to buy another house (as a rental) all cash.I've contacted two companies an...

HI BP,I'm in escrow on a triplex; I have the funds to close and fund it all the way through but I am trying to get creative because I see other deals.Purchase: $25kRehab: $40-45k, 6 weeksARV: $90-100kTriplex: 2x 2/1; 1x 1/1Jacksonville FLCB structureOptions:Cashout refi, no seasoning: If I could finish the rehab and start the process for a cashout refi without seasoning, I would then do the deal cash with my own funds.Short term financing during seasoning period (ex: partner with contractor, private money, cheaper hard money?)

https://www.thebalance.com/how-much-should-i-have-in-my-emergency-fund-2388353

Things are really now starting to snow ball and it has got me starting to think of diversifying some into index funds and maybe some bonds to great another layer of FIRE protection.

For now, I'm focusing on wholesale to help save up money to fund my first flip.From the research I have done I've pretty much come to the conclusion that I need to start my business or form a LLC (of course for a name, website, flyers, etc.) and to start putting in crazy amounts of leg work like driving for dollars and getting some leads together and started up in order to put together a profile to find potential cash buyers..Is there any advice you could give me that would help out with the beginning stages of starting up my wholesale business?

Not about wasting lenders' precious time, because #1 a lot of their employees could care less if a loan funding is delayed. #2 they're not the one's with all their belongings in a truck headed to another city.It's about avoidable delays in the loan process, whether it be thru Bank of America or ABC Mortgage Lender, that could have a costly impact on the "Consumer/ Borrower" by simply doing a simple round up or down of a few bucks.

Thanks @Brian Eastman - I have seen (or read about) people forming a LLC with their personal funds and their IRA LLC as partners, with a one-time contribution. 

When you/or an assignee wires in the total funds required to purchase the property, they escrow company will use a portion of the funds to pay the delinquent taxes and other liens, prior to you or the seller getting paid.