Study up on legal issues, property management, market research, property analysis, and finance possibilities.Participate in online forums like BiggerPockets, attend meetups, join local investing clubs, and establish online and offline connections with other real estate investors.

They can be leveraged with commercial real estate loans that use the DSCR metric for evaluation; however, these are not under the “DSCR loan” product bucket.DSCR loans are for “business purpose,” only meaning that the owner of the property can not live in the property under any circumstances.

HI Robert, I live and operate a few RE related business out of the Westerville area.

Secondly, who cares what the ownership splits are if the gain can't be realized because the values are propped up/can't meet projections, the sponsor cannot execute on the business plan or the fee structure severely eats into the distributable cash when the realization event actually occurs.

@Emily Anderson look up Anderson Business Partners on their website and YouTube. 

You're talking needing plans, architect drawings, engineering study, a zillion permits and inspections.I just don't see a lender lending on this kind of deal without that person having major experience that includes some ground up or extensive rehab work.If you wanna "break in" to the financing world, it is not impossible at all. 

The Attorney that wrote up the contract does business in SA and Austin.

A personal loan (business line of credit, cash advance, loan from a friend, etc) cannot be used as a down payment with a lot of the lenders I work with since these loans are not secured by real assets. 

I’m marketing my business proscopeatl dot com, I’m brand new to this group also and don’t quite have the do’s and dont’s figured out for posting my website.

As a mobile home investor myself, I find that talking to people who work in the business has helped me many times in the past when it comes to due diligence, market research and referrals.