Also should i buy my first home for my family first to take advantage of FHA loans and such incentives before obtaining a traditional loan?

I looked at many other options but as a start I felt like real estate investing was the way to go to build my knowledge of the world.Through real estate I want to be able to become financially free to be able to pursue other long term goals and riches I have planned for.

I am a Realtor who deals with traditional, luxury, and luxury auction real estate :) I truly love what I do and enjoy helping people in the process! 

I am a Realtor who deals with traditional, luxury, and luxury auction real estate :) I truly love what I do and enjoy helping people in the process! 

I'm concerned about the fact that it's not a traditional construction.

., an exit strategy of refinance is probably not plausible because the borrower is not creditworthy enough to receive a loan from a traditional lending institutionDo you have hard money loan tips or questions? 

Yes it seems the traditional investing approach works best for me, but as I grow I will navigate more comprehensive and creative investing strategies.   

I would like to hear some are money lending exoeriences,both good and bad. We are new to investing, researching hard before we do our first purchase(flip or rental hold). Appreciate any feedback.

Although you're not financially rich yet, you're a wealthy man with 3 kids.

I would look into a traditional HELOC.