Ask them to give you your main constraints... 1) minimum down payment % by property type (will vary for condo, SF, 2F, etc) and 2) the max loan amount you can carry.

Head out to one, find an investor doing the type of investing that you also want to focus on, and offer to help them for free with whatever they may need (finding deals, marketing, painting their flip, organization, etc) in exchange for their mentorship throughout your first deal.

The only reason I did not move forward was because I want to use leverage for my purchases while they prefer cash, and while their COO Peter was very cool and said they could potentially do my deals, the loan had a balloon payment at the end which is not the type of loan I am looking for.

Hi All,I wanted to ask you guys if this type of analysis seems realistic.

There are two types of investors here:1.

For someone starting out on their first deal, I don't recommend doing a complete renovation unless you have reliable contractors or have some sort of prior experience.I would of chose a small multi-family property that need very minor repairs (which this type of property ended up being my second purchase).

Growing up i always used to love playing lemonade tycoon and all the other type of tycoon games i guess its always been a calling from the jump. 

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Not sure what type it would be called.

Before i invested in my first property i was under the belief  as soon as i own a property i would  qualify for all types of loans also i thought investors would just toss money my way.