Figure out what your starting capital will be, either stemming from doing a HELOC or maybe a cash out refinance, then determining what your end goal (e.g.

Hey Robel, bird dogging can be a solid entry point in college because it gives you reps talking to owners and spotting opportunities without needing capital.

If you ever want someone to walk you through deals step-by-step or tap into resources that can help you buy without a huge amount of upfront capital, feel free to reach out.

In our Co-Investing Club, we’ve seen a few investors use that combo effectively to scale faster while keeping capital turning.

Realism of Your $20k GoalYou are right to point out that pulling all capital is not easy, especially with a cosmetic rehab. 

I am a Capital Raiser for B and C class, value add, Multifamily Properties, ideally 20+ doors.

If not then they are obviously short term capital gains or regular income. 

I'm in Open Door Capital's Sunbelt Diversified Portfolio.

Depending on how hands on you want to be with your investment will be the determining factor in how you deploy your capital. 

Underwriting conservatively on older construction isn’t about being cautious; it’s about ensuring the property produces the long-term returns they expect without unexpected capital drains.