Hi Ignatius, following David Greene's Core 4 strategy—realtor, contractor, property manager, and lender—can give you confidence to invest in any location.

Dave Foster is always a fantastic resource in this community.

Thank you for helping to foster an excellent investing forum environment!

Having lenders or partners upfront places you in a better and more confident negotiating position and in the event you find a deal and can't find the money, now you lost the deal and have to back out damaging your reputation as a closer.

@Dave Foster   Dave should be able to help with this..

If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

I'm really interested in getting started in property investment, but I'm struggling to feel confident in knowing where to start. 

Establishing partnerships with sponsors for real estate deals requires a significant level of trust, which is typically fostered through experience and time.

Break it down step by step and you will feel confident to move to the next decision.  

The field has so much to offer, and I'm confident you'll do well.Looking forward to seeing your journey unfold!