I spoke on this a while back about a friend of mine who's mother has a house with 3 build able lots (including the original house) that I am helping him wholesale to builders/developers.

If you're a successful wholesaler and want to learn about rehabbing, find a successful rehabber and offer to bring him a few deals in return for teaching you how to rehab.I've done #1 above for several new investors, and would always consider doing #2 if someone who could provide some value in return.That said, there's absolutely nothing wrong with paying for coaching under the right circumstances (the coach is knowledgeable, has real-world experience and is reasonable in his fees) -- but don't assume that you *have* to pay to learn this business from someone successful.

So see hard money as a tool that allows you to leverage your limited capital and increase your ROI significantly.And by all means, develop your own sources of private money over time.

If you are looking to build a brand or raise your profile, I would absolutely recommend that you upgrade to the PRO account.If you are looking to network and try to find some great ancillary services or partners to work with or maybe just develop possible future colleagues, the PRO account will be invaluable.

I'm watching this much talked about investor funded Heritage State Park development and thinking "someone is about to lose a cool million."

If you are willing to spend time seeking out information, organizing it and using it to develop your own plan you can be successful and save yourself a lot of money which you can put to use.

While this person may only be a tire kicker or some of your competition trying to find out about you, the experience of asking your questions and starting to develop a buyers list will pay dividends in the future.

When you have issues you have to tear down in stages carefully which costs more time and money.For lenders existing mixed use developments are more risky to finance and ground up construction is extremely risky.With you not having a track record in commercial much less doing ground up developments I do not see anywhere close to you just putting down 25% unless you partner with a developer that has experience and can back up the loan in case of default with trophy assets.

I was racking my brain trying to come up with a complicated system of profit sharing and no one was really helping me with information about how they structured their payouts until I sat down with a commercial developer.

I hear people talking about new home development costing somewhere between $80-125 sq/ft including dirt - then again, the dirt around here is pretty expensive as well.