However, the area has a slightly shady reputation, which makes me a bit cautious.As a first-time investor, I could really use some guidance on what key factors I should consider before making an offer.

Any help would be great Today it really boils down to the sponsors experience, how much you need and how much equity the sponsor is putting into the deal.You could look at similar types of deals in the area and see if you can find out who some of the investors were in that offering.

What interest rate range do you typically offer? 

A duplex is what we wanted to do with the lot so it is great seeing they offer a floor plan for those too.I would love anymore input you may have on their experience you could share.Thanks again!

You might want to consider other options, like teaming up with a reliable friend or family member, to navigate this situation.Getting advice from experienced professionals in the real estate industry can offer valuable perspectives and assistance in dealing with legal and ethical issues.

Where I live, there are many organizations families in need can reach out to for assistance.

I definitely suggest setting up some Keyword Alerts for the topics you feel knowledgeable, so you can jump into those conversation and offer advice!

For next steps, I would highly recommend you get in contact with a hard money lender and get your lending in place so you can start making offers.

Lennar Mortgage which now offers DSCR loans.

Do you have/can you apply for cards offering zero intro interest?