I'd love to chat with you more about the process.

The process is a lot easier if you find the right agent.  

They equate the period leading up to the time its ready to rent as the risky part of the real estate process and pay a premium to bypass that part but this leaves them with unreasonable expectations because the real estate they purchase is inherently risky.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

Specifically I would love additional guidance when it comes to the process of forming a syndication to purchase apartment buildings.

Definitely look at the reviews and ask about their whole process.

Commerical loans are totally different then residential loans, you have to enter a contract and go through a due diligence process before you totally commit to purchase the property.

My though process in undercutting the bank by 1 % was to possibly attract qualified buyers.

They do this on purpose so new people get tripped up in the process and quit.

Hello Derick, If you have not already done this, I suggest the Build Your Investing Team> menu/link at the top left of the page on Bigger Pockets and go through the process of building a team.