i want to be on a team and work with others and purchase subto deals.

Was previously purchased with a Builder to erect a SFR residence on.

These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?

The substitute of collateral was more of a scenario where you sold for $155K, and instead of paying off the $88K loan in your scenario, those funds stayed at the title company and were used on a cash purchase happening nearby in date. 

Hey Cameron, for experienced investors I can lend up to 100% of the purchase and rehab costs on 1-4 unit properties.

Understanding the true material costs is important and I urge investors to get a good grasp of this before agreeing to labor only bids where they are responsible for purchasing materials.  

Purchase price: $253,000 Cash invested: $130,000 Rural hobby farm on 4 acres.

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

I recently purchased a second foreclosure property, another condo on the east side, and am looking forward to flipping this one. 

I'd say if you are looking for commercial real estate wherein the purchase bought the property in a corporation then PS is not the best place for lead generation and skip tracing.