Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.

Regarding finding discounted deals......That is the reason why I started a wholesaling business. 

Bring on your stories and wisdom!

Until then, I'll be trying to absorb everything I can to fine tune my approach and prepare for managing REI business post-acquisition.

Looking for tips on tax savings on the small business.

Spend more than half of your total working hours in an RE business in which you materially participate.2.

None of these things will bring success tomorrow, but with doing them consistently every day, I will wake up in 5,10,20,30,40,60 years and be miles ahead of everyone else.2) Never stop learningThere is only growth or decay, there is no middle ground.

Dig and remove around 200 square feet of an old concrete driveway, frame and lay down the concrete (concrete will be ordered from concrete supply business) and complete a brick ribbon around the driveway.