I would have to think outsourcing most things that aren't related to deal finding and financing would help me the most.

Hello everyone,
I just closed on my third property , and its a fourplex in St. Louis! Super PUMPED! (first fourplex)
I am currently in the process of figuring out the most effective way to fund the rehab.
With inte...

My question is regarding financing the deal.

I have been working with a realtor who specialize in seller financing.

Purchase price: $175,000 Cash invested: $10,000 Creative Financing, Short-Term Rental What made you interested in investing in this type of deal?

I am hoping there are better ways to acquire a property then doing this, willing to hear any suggestions.I will be meeting with someone in my area later this week and discuss all options that may be available to us in our local area for now, in regards to our current situation, financing options, and properties in the area.

Most prospective BRRRR properties will not qualify for conventional financing, meaning that you have to take it down with cash, hard money, line of credit, or another source of money that is not a conventional loan. 

Are these low priced homes able to be financed or are they all cash?

With hard-money, most lenders would finance up to 80-90% of purchase price with most of the rehab costs.Alternatively, there are great investment areas outside of Seattle in Washington, like Spokane (rentals) and north of Seattle.

Looking to purchase my first fix and flip property in the Detroit area, I'm about 12k short to be approved for financing.