Made me more prepared and I also learned the business which can save you a whole lot of time and money.

I might also suggest that you get a second job if you can so that you can start saving extra toward your first down payment which will likely be 20%.  

Since, I do not have a steady income, I would have to consider creative financing, hard money loan, and private money or another way of financing a deal.

Hello,  Ryan Mertz from Michigan. I have given investors commercial roofing advice on BP for years. I'm looking at a few properties in the 48125 and 48180 areas of Michigan. I need funds for a flip or a quick cash out...

I found out that a family friend does a little bit of private lending and got both properties financed with him.  

If your first home is not FHA, pull the equity in a HELOC...don't know if there is enough to cover the duplex...but you might be able to leverage private money and move away from a traditional lender...you can always re-fi later...

Reusing it will save you money but you will need more than what you already have I bet. 

I am meeting with a tax person tomorrow to discuss my plans.As far as the capex, I was thinking I should really use the 18000 initial investment number for CoC because I definitely will me saving that money back with the cash flow.

I am reaching out because I am looking for further knowledge on borrowing money from private and hard money lenders so I am hoping someone can answer my questions.When it comes to private money or hard money for an apartment or commercial building, multi family or even single family, what is the process you take in acquiring the money to close a deal?

If you took 30-year mortgages and decent cashflow, this year you could save $60,000 and next year after another property you could save $72,000 and then $85,000 and so on.