In my opinion, it can be a sign of builder/investor confidence in a given area if they're willing to put up the capital to build new homes in a given area: they believe there will be enough demand to sell their new products.

It's great to hear that Rich Dad Poor Dad inspired you, it’s a classic for getting into the real estate mindset.

The product is called a Bridge Loan. 

I'm a product of BP through and through, was on these forums figuring out how to house hack after we already were in contract on a duplex, all the way through making it the foundation of my current business. 

If so conventional will be better because FHA/Conv guidelines are the wheel house typically of mortgage broker and some times banker (synonymous names but they all do and sell the same product).Credit unions can sometimes do Fannie Freddie/conventional FHA too but generally aren’t that great at them.

not sure what the attraction to invest with these folks was.. but it does sound like a meltdown and some pretty poor operators.

I have still walked in on people and animals who are either hiding (afraid I am there to bust someone) or just hear very poorly.

Anything else is in poor taste in my opinion.

Quote from @Bill Le: Quote from @Brett Synicky: Quote from @Rochelle Gerber: I may leave a current employer and therefore I believe I will be eligible to turn my 401k into a real estate investment product.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.