P.S I got both the properties from builder's lender at around 6% for 30 YR fixed and will be planning for Cash out refinance on 1st property to get 70-80% of my down payment money back and invest those in getting more properties.For new construction, I am pretty much confident with my previous experiences and will be a smooth ride for me.

It's a wild ride, but if you hustle smart, that 9-5 could become a thing of the past.

Quote from @Timothy Hero: My favorite is when investors reach out to me, a DSCR mortgage broker, want me to find them the best financing, and then say "but I want to save on closing costs, so I'd rather not pay a broker fee".Those are my favorites lol  well come on they know your getting a service release premium and back end commission so of course they want a free ride. 

It's great buying in 2012 and riding it until 2022 with leverage. 10X your money, but might be good to get out after a while, I have another thread about that.

Can we ride on our credit for some of the ownership or would we need to put in $$ for the financing, too?

Most long-term sponsors know downturns happen periodically and that's why they run for 7-10 years plus (to give time to ride it out, valuations to recover and sell at a better point). 

Very interesting thread for sure but there are so many dynamics to this- if your in a area that is "ride or die" platforms- knock yourself out with just those.

I’d look to find more of those, as I regularly do by riding my bike in my “farm” area and talking with sellers.

Driving for ride share or grocery delivery is something you could start in a few days.

I live in Murrieta, moved here last July from the East Coast, work in Oceanside, ride motorcycles, love ramen and whiskey, and am always learning and trying new projects.