Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.

There's also huge development projects, many spearheaded by Dan Gilbert's Bedrock investment company. 

I have attached a photo of my original property taxes along with the new projected property taxes.

Plus, it would be a first renovation project, and other properties we may be able to close on are huge projects.

It won’t take as long as you think. if you can wholesale a few properties you can get enough to support you in a small project while learning the ins and outs.

My goal is to build the capital needed to start investing in Real Estate, and I felt this was the best way to get there.I spent 6 years as a project superintendent with a commercial builder, followed by 2 years as a construction manager in the track home industry.

One might even invite you to visit one of their projects to talk about it in detail and give you a peek behind the scenes. 

My wife and I come from a manufacturing leadership and project management background.

I like this option better than a Wrap because for me its just easier to understand and navigate, especially if lender calls the loan.With all this being said...I am just looking for those that have direct experience with using Lease to own to get into Multifamily and Apartment building type projects.

The seller is out of state and even visited the project a few times to check on the progress which I think helped him feel good about the whole deal as well. technology made the whole process a lot easier in the interim.