Common misconception that the fed funds controls mortgage rates but that is not how it works. 

**“Kendric, first off, you’re already ahead of the game with your willingness to learn and adapt—plus, having a ‘mishap’ fund shows you’re planning smart! 

I borrowed $110K from a private lender for the purchase and self funded the repair of the offices. 3 months later, I rented 6,000 sq.ft. of office space to a corporation for $21,000/month + utilities for 5 years with another 5 year option.

Quote from @Marshall Robins: We can go up to 50% LTV as a private lender for what it's worth.

Basically, someone who already has the relationships with accredited investors and can assist in the raising of funds? 

Holding LTR in san diego on a new purchase is challenging not to be large negative at high LTV.  

High rates are here for at least the medium-term (1-2 years), so deals will have to pencil in this current environment.You may also want to consider hard money for your lending, as they can often fund your construction with far fewer restrictions than a HomeStyle loan.

I allocate 20%-30% of profits for growth while keeping enough for emergency reserves.Plan for Taxes EarlyDon’t forget to set aside funds for taxes.

GC sat on the job waiting for more funds to pay their contractors and tried to strongarm me for more money.

I would invest in a fund or find partners in place that are growing.