Working in Austin’s booming entrepreneurial climate inspired me to shift focus as a small business manager and consultant — specializing in branding, growth hacking and social media marketing.

Probably right, aiming for 1000 sqft livable space so not super tiny but still your point probably holds. 

Just remind yourself that you are running a business and let the numbers speak for themselves.

In either case, I would say most lenders will not allow the use of funds if its not for business purpose only and you definitely cannot owner occupy on a DSCR loan. 

Well, definitely some funny business happened with this one (as we suspected).It's back up for auction today: https://buildingdetroit.org/properties/5010-lafontaine

The lender didn't go out of business, YOU are choosing to follow your mortgage guy to a new lender.

I would suggest looking into a business line of credit if you need such little funding. 

If anyone on here is experienced and willing to share information about getting into this game, connect with me to set up an interview so I can ask you questions, and/or collaborate on a deal, as I would love to gain hands-on knowledge and experience as quickly as possible, as well as cultivate trust and relationships that lead to more business and deals in the future.Thank you!

Hello,I am graduating from business school June and will be moving to Charlotte full-time.

Moved to Panama in 2022 and started a licensed hard money lending business in 2023.