However, I am in the very early stages of the business plan.

Make sure you confirm the value of the property, the business income and expenses, and confirm the borrower’s experience.

Look at new construction triplex/duplex condo sales in the heights areas, subtract carrying cost over build timeline, materials, labor and construction costs, what their desired profit in heights deals would be and that would leave you with approximate acquisition cost of the lot. 

I want to enter Originations with more experience and a solid book of business with guaranteed deals.

If not if you have site control you can look at other permits for construction in the area for other projects.

They are offering a 12-15 month 0% APR Credit Business lines, isn’t hard money usually a higher interest rate?

Unfortunately this happens, I choose to take this as part of the business I am in and review my screening process.

You have your insurance But I believe the business also needs insurance. 

- How strong is their ability to pivot and execute the business plan? 

Just be aware, the cost of entry to the REI Guru business is very low.