I have a strong desire to be successful in real estate investing, however I need a place to start.

Each transaction will need to stand alone and be "at arm's length".You may need transactional funding on the A -> B transaction and you'll need to watch out for title seasoning requirements on the B -> C transaction.Whatever you put together, do your homework and vet it with your attorney and the title company agents.

:P So I was just... doing... a thing... that I'm making up... as I go along... let's just duct tape this here, screw that into that other thing, use a little glue on the whatsit thingie, draw a smiley face on it for luck... and then I'm going to push this button, and then... boom, loan funded, deal closed, happy day. 

the pre rehab is generally and all cash purchase with you putting up the rehab funds then doing a rate and term refi.. this was the norm prior to 08 in the turn key space.  

I have apartment deals from time to time where I raise funds from investors I know for the purchase.

They want to know that you really can close in a very short time frame and that you have the necessary funds.

Networking here will help you learn, build relationships and meet other investors who share your dreams and desires.

That is what I do with my SD IRA, I also am a managing partner of a fund which invests in notes and allows sophisticated and accredited investors to make double digit returns in a passive position.

The funds, however are not provided by the FHA itself but by a lender that works under FHA parameters.

I set the value of my time based on my experience, knowledge and my ability to complete the project on time, on budget and at the level of quality you desire.