Hi @Sanjay Patel -- Welcome to BiggerPockets.I'd be happy to provide you with a list of investors in our Private Lending Program who are happily earning interest on their funds.  

Raise money first , that's how i got started .

I think we could still get a loan and buy a duplex which would help us with the funds for our current project.

Almost a year later they took the funds back from me and wouldn't honor the payment and left me on the hook for it.Airbnb on the other hand has paid me in full for all damages and any other problems I've had.

I'm going into this with my father 50/50 so we will both split the extra 300 per month until we can raise rents.  

Your PM needs to have an excellent reputation and ability to get quality tenants and retain quality tenants, raising rents (nuisance increases yearly).Some people on BP have reached out to me and are on their 2nd or 3rd PM after 1 or 2 years of ownership. 

I used a hard money loan with 70% ARV to fund the purchase and rehab.

Whew As obvious as it seems i've seen some crazy financial reports on people looking to get funding

A slow paying construction loan that rolls to a conventional with us funding the project then paying ourselves back?

If you take an application fee and you had a prior applicant pending and they qualified,, and they paid the deposit and signed everything,, then if you had a back up application waiting you'd return the funds to the applicant and not run the form.