Quote from @Brett Jurgens: @Jay HurstThanks for responding3.75%, 30yr fixedLike others have said, with that interest rate your best bet is probably to do a home equity line of credit (HELOC) to put towards an investment that you can quickly recoup your initial investment on.

Even at $60,000 a unit - that is a $1.2 million deal... and realistically I bet they will be over $100,000 each... all just a guess... but when you get into these price points and you are "new to real estate" as your title in your post suggests - I think you are probably getting in over your head for a first deal.  

You bet I did.

Condos are a better bet since they usually give you more freedom to rent and are easier to sell.

Plus I bet the contract calls for mandatory mediation.. if the parties cant agree..

That’s the best bet.

I'm willing to bet that there are more instances of contractors burning investors than the other way around.

Because of the balance sheet is off you can certainly bet that something is wrong with the profit loss statement. 

I bet not many sponsors who are leaking oil would even consider that.. etc etc.. thye video'd it so you can probably ask them for a copy of it.

ThanksI bet that's a good short term rental market!