Down payment funds may seem tricky to those who get lured in by the countless con artists on social media selling the notion 100% financing using other people's money is easy.

.: I just hired an architect to design and plans submit for ADU in my 8 multi unit to use the tuck under parking.Some people say do not try to be the general contractor as it will take way more time, costly mistakes and will be nearly impossible to manage with current work. best to hire a company that will do it all and cost about $250 per square foot.

So it may end up costing you $400k within 30-60 days without any financing options.How do people overcome this when you do your due diligence?

Most people have zero knowledge or experience when it comes to building. 

Attend local real estate investor (REI) meetings and get to know people.

So it probably makes sense to send targeted letters to people who you're most interested in connecting with.Solid advice, thank you.

You need a license if you're going to manage other people's properties.

@Anthony Saheed I would advise you to be very careful to recommend people to speculate in volatile real estate markets.

There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.

I hope people get the point that you worked hard to earn the $2 mil and invested it wisely, you didn’t just get rich overnight from real estate.