Buy, Fix and Sell
The goal is to buy an investment property cash at wholesale price, add value by renovating it and resell it to a home owner who will buy it using a bank loan at retail price. The reward will be a big, one time, lump sum of cash.
Buy, Fix and Rent
The goal is to buy an investment property cash or using private lenders at wholesale price, renovate it and rent it to a tenant ready to move in and to start making monthly payments. This will allow you to receive significant income month after month.
Buy, Fix and Live
The goal is to buy you a new home at wholesale price, renovated just the way you want it and save the profit other investor would make by doing the work yourself. You would be a home buyer thinking as an advanced investor.