First hand experience is soooo valuable!

I'm 30yrs young and ready to start my Investing career.My goals are to provide quality affordable housing for all Honest and hard working Families out there, and to also be able to provide Financing to those who find it hard to get traditional lending.I expect to achieve long term wealth through some rentals and merging into financing and lending when i can build sufficient equity. 

I whole heartedly believe that real estate investing ultimatly is the way for me to achieve financial freedom......But what do you tell these non-believers.

And ultilmately, I believe that success is generating enough income to fund your ideal lifestyle.The most successful people in the world are those who have taken the time to figure out exactly who they want to become and what they want to achieve.

Even if 95% LTV is not achievable, the norm which is 80%, would still allow you to recoup most of your initial investment.

Even when "Financial Freedom" is achieved it will still need to be managed through the network of people you have established.If you don’t trust the people managing your experience of financial freedom you probably shouldn’t invest with them either. 

Let me know how we can help each other achieve financial freedom.

In your case, you already have firsthand knowledge of the potential danger and while I'm not a lawyer, I would think you might be held accountable by a civil court if you don't take steps to remedy the situation before someone else gets seriously injured.

Maybe not achievable right now but a great RE goal to work towards!

Usually, I see it achieved in 3 ways:Using a HML that can do 100% financing of costs (assuming that gets you to about 75% of ARV) through creative means like cross-collateralization or down payment reserve.Using a combination of lenders (hard or private money) in different lien positions to achieve 100% cost financing or 75% of ARV.