Each phase has a different type of funding, and each type of funding has different funding sources that prefer to fund that phase.In the initial acquisition phase of a deal, it could be that you’re buying raw land with the intent to develop it.

As Joel Owens said, his friends take the long term approach, when I invest in the market, I invest with the intent that these companies will be around for the next hundred years, and I conduct research based off of decade averages as Warren Buffet does, does that mean you will get the same performance, no it doesn't, but it does tell me the company has strong stability and growth.

You can frame it as a short term investment with the intent of refinancing via conventional means after the property is performing (assuming you are looking for a multi-family rental). 

It's my intent that if maybe u live in my area, aside from finding a reliable mentor, maybe u & I could link up, you know, have a formal intro.

My boyfriend and I have no intention of getting married.  

Don't hold your breath.... contact an electrician and buy a panel for a couple hundred at any home depot.......OR, dare I say do it yourself???....

Wouldn't your Offer be the same, based purely on your calculated good investment numbers (which should already take into account any amounts their Bank and County are breathing down their neck for)?

Hey @David Le, I am a newbie too, but I thought I would share what little experience I have with you since we are similar in goals and location.If you are intent on staying in Southern California, you may have to start looking in rural areas to find a property that you can owner-occupy with FHA financing.

You will meet people that you cannot believe remember to breathe frequently enough to sustain life. 

Do you have any intent on living in 1 of the units while renting the others?