I would recommend speaking to a lender to see what you're pre-qualified or pre-approved for (if you're ready to take action), so then you have a realistic amount that can be financed.

With any pre-construction deal you buy into, you're getting a discount and, the earlier you buy, the higher the discount.

So I'm in talks with a lender to get pre-approved and already have an agent who's been extremely helpful in providing spreadsheets of contacts for any specialists I'll need during the real estate investing process.

The benefit is you do not have to pull on the $$ right away and payments are interest only.A conventional cash-out refinance could work if you can show income and there is no pre-payment penalty unlike a DSCR loan.

@Jake Posner- thanks for the post ...if you plan on needing financing for the rental proeprty - make sure to get  fully pre approved  for the hypotehtical  scenario you are planning ...use a loan officer or lender that is licensed is all the states  you are looking at . thanks 

I plan on using DSCR loan and have a pre-approval.

If your coach is from across the country, and simply going to provide you a pre-packaged underwriting template, a segment on "how to pick a market", and lives in the world of 300+ unit deals, when you are looking at 30 unit deals, I would pass and use the typical 10s of thousands of dollars towards your downpayment.

Consider seeking pre-approval for financing to know your purchasing power.

Many people have invested in RE within a pre-tax and Roth account. 

Pre fabs seem like a great idea as well when they’re allowed.