Start Small: Given your current savings, start with a smaller duplex or triplex to minimize risk.Leverage Your Skills: Your design skills can add significant value to rehab projects, making the properties more attractive to renters.Stay Disciplined: Stick to a strict budget and timeline for your rehabs to control costs and maximize returns.Build a Cushion: Always have a reserve fund for unexpected expenses during rehab and rental periods.By combining your hustle, strategic planning, and leveraging your existing network and knowledge, you can successfully transition into real estate investing and achieve financial freedom.Best of luck, and feel free to reach out with any questions!

I am also transitioning full-time to real estate so this partnership will see my friends as LPs and me as GP running everything such as finding the deals, rehab, operations, etc. 

Hi, I'm very new to real estate investing and I hope to get connected to people who can help me start on this journey. I'm based in Illinois, but I'm also looking to try to invest out of state.

From what I've gathered in forums, there is a trend towards transitioning from coin-operated to cashless systems.

@Monica Lee - we transitioned to 75% upfront because when we did 50% (more standard) we realized that HomeRoom was fronting money for a portion of repairs and labor on behalf of the owners. 

You want to either read your closing disclosures because it will state if you "Can" or "Cannot" switch the title vesting to an LLC.If you want to transition your primary into an investment property I would recommend using a Portfolio or DSCR program by doing a simple refinance either cash out or simple rate and term for intended use.

We are transitioning into the US Market particularly Texas and looking to partner with an experienced developer.

Their product costs will go higher while the world transitions to India and Malaysia.  

Any experience or guide on transitioning to bank loans?

They are typically used for transitional or value-add properties and have higher interest rates and shorter terms compared to traditional mortgages.Construction Loans: Construction loans provide financing for the ground-up construction or substantial renovation of commercial properties, such as office buildings, retail centers, or multifamily developments.