Obtaining money for 2nd investment without cash on hand

[Shelia Stokes]

I did a house hack and first investment in feb 2022. I have since found 3 properties i know would be great flips. I am going to reach out to the out of town homeowners about buying, if they are willing, what are my options as i have zero cash on hand. How do i get the money for the purchase and renovation to flip and pay everyone back?

[Taylor Dasch]

Are they off market? You could wholesale them and use them to generate cash for your next down payment. If they are at a pretty decent discount, you can also use HML and flip them for a better return. Once you refinance you will be able to pay them back and hopefully have some left over for yourself!