Reviewing the list of income-producing assets backed by collateral, real estate typically features high. In fact, real estate is one of the best ways to build generational wealth.
Flipping houses involve buying a home, fixing it up, and selling for a profit. Spending money to buy and fix a place with little or no money is challenging.
In this method, one would buy a house using a hard money loan and rehab it like flipping houses. But instead of selling it after the rehab, the owner would rent it out.