If you like help structuring this deal differently to give you more leverage, let me know, I've worked with new investors on game plans and seen others start with 90% LTV on their very first deal.

I’m planning to cancel my membership and get refunded.

You’ll sign a piece of paper at closing saying you plan to live there ], usually within 30-60 days.

Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it. 

@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

If you plan to build your own primwry you absolutely want it to be your primary first not investment land first.

I’m planning to move what I have in stock market ($2.5-3Mil) to buy a good realestate.

The home burns and the incredibly over taxed CA FAIR plan has either gone bankrupt or takes years to pay out.2.

Planning on living off of the positive income and then eventually on our investment.

But, sometimes waiting and stacking cash for another opportunity is the best plan.