It is still better than putting 20-25% down and not forcing equity appreciation though.In reality, before you start getting investors lining up to fund 100% of your deals you will probably need to prove yourself in some way.

Be sure that you are purchasing in a desirable location though.

Generally construction funding would want to be in first place which means your first mortgage would have to subordinate to the construction funding.

.- Personal: I work in tech, and Tom works at a VC Fund.

Much better chance of posting in classifieds here - if Facebook the group that taught you that it's smart to get this type of funding may have people as well. 

If you don't have the cash to purchase and close, then you'll need transactional funding to support double closing. 3.

Nathan I think this is true if your just talking about rental props for landlording.. the last 2 to 3 years have been the best years of my career.. building new builds and Loaning our funds.

However, if you're that tight on funds, you may be better off slapping yourself haha.

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.

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