This type of project is a future goal of mine.

You should call a couple local banks to discuss the types of investments you may be looking for.Alternatively, a great strategy for someone just starting out is House Hacking.

@Ray GregoryWelcome to the community and be ready for a huge amount of information at your finger tips.

@Greg Kasmerthanks for the shout out!

Many buyers/investors are using this strategy to invest in real estate

This is consistent with data from sources like Zillow, Redfin, and the local Santa Barbara Association of Realtors.However, when I go to "Pick Markets" and select Santa Barbara, the median home price listed is $620,000, which doesn’t align with what I’ve observed locally.

👏You're already on the right path with networking and putting yourself out there.

I know from experience financing additional tiny homes (not sure if you're looking to do this) can be difficult without having someone that has previous ground-up construction experience.

Does it go down like a traditional mortgage (funds requested at closing, checks written, etc), or do they hand over the funds to your account beforehand so you can put the money up as if it is cash?

Some opt for private lending to avoid this tax and still have investments secured by RE.