It’s basically applying for several business credit cards with 0% interest until we have the amount we need.

Phil Grove and Shenoah Grove have a business model based on education, not really on real estate investing, and they are simply interested in the big $$ that people pay to join their programs; and that is all they do, and this is how their system is organized.  

if the private sector operated this way, they'd be out of business really fast.I'd just rent it out; you did what you had to do.

I am excited to be getting into the best business in the world and join this community.

@Vicente Hernandez- most lenders prefer referals of  1) buyers that are  willing  and able to buy  2) relators that they can partner with  in search for new  business . 

You would have to build a solid relationship with the title company by providing a lot of business, for them to be able to refer you to those failed closings.

It's important to keep your personal funds separate from the funds of the triplex which is a business. 

Has anyone seen any different ways to value these businesses? 

(Someone spending months.)If you want to remain in the STR/MTR business: See if it has any resale value.

We walked a model where it was nearly completed and the original buyer had decided to walk away, so the home was put back on the market at a $15,000 discount of the original list/contract price.