Just starting out advice on SB9

[Gabriel Orduna]

Hello all,

I am just beginning to start investing.  I have listened to podcasts, joined BP, and have put annoffer on a few properties with the intent to rent them out.  I was wondering if anyone could give me any advice on getting started? I have been using the rental and property estimator on BP, but I feel like I could be doing more.  
One lender has approached me with an SB-9 offer. Essentially they have a developer that is offering a multi stage loan process to build ADU's on your property. It's a fairly new senate bill and it sounds too good to be true but I was wondering if anyone had any success or failures with regard to this type of situation. Glad to be a part of the community and I can't wait to meet new likeminded people.