Then you need to be able to manage that money, manage the project, pay distributions….If you don’t have any real estate experience or money I would say your chance of failure is 99%.

I am looking to cash out refi here soon to pay it off and use again to purchase my next rental property.

I plan on using them in the near future and have been super anxious trying to find out out how legit they are.

Those builders pay them a fee to be shown on their site. 

This will confirm what the lease terms and actual rents the tenants are paying. 

I plan to start off house hacking small multifamily properties and transition into BRRRRing properties.

However, we do plan to pull out the equity in the near future.

After that, they have to pay rent, utilities, and other costs even if they aren't going to occupy for another month.

When you are paying for a service and the expectations are not being upheld, that is most definitely a reason for expressing concerns.If you read my previous posts, I never said anyone was a “liar.”

Issue is he is paying 750$ a month for the 3br/1ba unit, market value for the area for the same type of unit is $1,819.