Your traditional bank in most instances is going to take the loan and resell it on the secondary market.For House Hacking, my favorite concept is  purchasing a duplex, triplex or quadplex, you accomplish 2 things in 1 step, you get a roof over your head, and at a minimum you get someone else to help pay for your mortgage, and when its time to move out, you already have your 1st investment property under your belt.

So now that reality has set in level headed long term investors are buying as RE will continue to appreciate in the long haul and rates will sink. 

I lived in Spain for 7 years and will probably head back in the next few months and Real Estate Investing is something that seems intriguing to me.

Stuart hit it on the head. 

Head to this page: https://itunes.apple.com/us/podcast/biggerpockets-...2.)

The old 'heads-in-beds' concept does not always make financial sense.

Just head down to the bank and tell them that you would like to do something like that, then ask for a few options. 

It has to be going way over the head of someone who's just starting out.

I hope that's true because Block-head software instructions for 4797 is nuts.IRS: "If you used the home for business, you may have touse Form 4797 to report the sale of the business part".

Go to school and finish “ No Quitting” One went to college and graduated, with no debt because they worked all through college and applied to enough scholarships to make your head spin.One left home early and found consistent employment currently a young supervisor( now married with kids)The last one stayed home like first one got a trade in the electrical field (graduated).Then I told them no outside debt, you are getting houses.