I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.

Trusting what the franchise tells you is foolish.I can tell you this: there are companies selling leads to real estate agents all the time.

Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.

@Marie Thomas: Yes, it's like selling pizza by the slice, so both renter & investor get more for less. 

Show you're qualified and sell yourself: Know and share your criteria, how you're purchasing (debt vs equity)?

It didn't sell at auction, so not sure what they ended up doing with it....maybe tried again later or put it up OTC. 

Dave Ramsey would not be pleased, but he went bankrupt investing in real estate and is only rich because he tells people how stupid he was all day. 

Down payment funds may seem tricky to those who get lured in by the countless con artists on social media selling the notion 100% financing using other people's money is easy.

@TJ Woolum Gobundance has around 900 people, and the other one (War Room) has about 200 people.