Also, I forgot to ask..............

Financing, Hard Money Lenders, Private Money
1

Is investing the same as buying an owner-occupied property, meaning first you line up the financing and then go on a property search for a good deal?

or

Should we begin by finding a good deal that will net a minimun of 10k, get estimates for rehab and then present it to a hard money lender in order to obtain financing?

2
Is investing the same as buying an owner-occupied property, meaning first you line up the financing and then go on a property search for a good deal?

Absolutely, It will save you time in the acquisition stage and the seller will be a little more willing to work with you when they know that you can get the money quickly.

Should we begin by finding a good deal that will net a minimun of 10k, get estimates for rehab and then present it to a hard money lender in order to obtain financing?

It is going to depend on the scenario