My goal is to build on my own land, either: Building to sell and roll the profits into the next project, orBuilding to rent, then pulling equity to scale into additional builds  I’m realistic about where I’m at and not trying to pretend I’m an expert.

In addition to that, you could open up a credit card to get that credit history rolling.

I'm already coming in with a low offer due to 3 units being vacant and the rent roll not supporting their asking price.

@Joe ChillinskyThere are some good tax planners, bookkeepers, and CPAs all rolled into one.

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

Portfolio Loan / Local BankGreat if you plan on eventually rolling multiple assets into one relationship.Pros: potentially better pricing.Cons: more documentation, recourse, and often lower LTV on single-asset cash-out.How much equity should you keep?

Imagine rolling over profits from property to property, growing your portfolio exponentially without paying taxes on each transaction.3.

Things won’t go your way and you need to figure out how to roll with the punches.

Quote from @Brittany Kuschel: We are nearing the home stretch to roll out our first STR just outside of Duluth MN.

I’d recommend buying a light cosmetic BRRRR, getting it rented, then refinancing with a local bank to pull cash back out so you can roll it into the next deal.