Like most I also have business ideas revolving real estate but I believe that in order to start any business you need to be an expert on your field.I currently live in Newark NJ I had to go back to work for documentation purposes and me and my brother own a family business that’s been passed down to us and we currently grew to a store front in Furniture Upholstery, my original plan is to purchase my first investment using a FHA 203K loan on a 3 family for cash flow, I also have an investor willing to give me $10,000 so I was planning on using his money for holding cost I’m going to put up the 3.5% down payment and closing cost.

Hard money seems expensive for this purpose.

A seller offering seller financing to an investor purchasing for a business purpose is not affected.  

I am looking to buy SFH in Austin around 200k for investment purposes.

So, for my purposes, let's say the next investment property is purchased at 70%ARV of 120,000 and needs $15,000 in repairs for resale:Main residence appraised at $160,000Rehab property appraised at $120,000 (purchased at ~$70,000)Combined value $280,000Construction Loan??

I was in a job where my entire team had been fired and my position re-purposed twice in 6 months and I was the last person standing, but I knew it would be short lived.  

This is for demonstration purposes only.I'm currently going through a refi on 7 of my houses.  

Hi Steven - The most successful real estate networking group I know of is the one where there are no sales, no promotions, just introductions and round-table discussions on what people are doing, what challenges they have and some story telling.We were down to 3 people that just showed up every week.

., in which I have connections in getting some financing for that purpose.

We only take money from accredited investors and form Special Purpose Entities where we manage the entity and keep a portion of the profits.