The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

All of the advice I will give you is my opinion.  

Does anyone have any experience or knowledge of the company Residential Capital Partners?

That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.

I've managed a few parking facilities before, and the majority of the properties I've managed have parking.

The scope of what I would do was far beyond, and a LOT more expensive than what they were thinking. 

I am aware of products once I own the property, but what about lines of credit to secure a winning bid? 

Start with your closest friends and family but they will invest with you because of your relationship not necessarily because of the real estate or your real estate acumen. 

Hi - I am new on this platform - but am looking to help people accomplish financial freedom through real estate.  Contact me for a conversation.

I feel like most investors focus too much on the right side of what I dubbed "The Wholesaler's Timeline".