@Chris LevarekThis seems brilliant, Chris, so why aren’t other sponsors doing this type of fund strategy?

This is an incredibly high-risk time for buyers and I really don't think it's brilliant too go to extra trouble to overpay.You could shop around lenders and see if there's one who might be able to do an exception with respect to the two years seasoning of rent.

I am investing out of state (I'm in Oregon, investing in Texas) and I have been reading Long-Distance Real Estate Investing by the brilliant David Greene, and it has SO MUCH VALUE.

As long as the numbers works, a HELOC is an absolutely brilliant source of down payment funds! 

So then I (I thought quite brilliantly) came up with this plan to basically have my LLC (just recently formed to try to get a hard money loan and then that fell through so not used for anything yet), lease the properties from me for airbnb, and thus to have a lease available to give to my bank when they ask me for it.

It seems like an uncomplicated process in theory but then again- I know NOTHING about construction/FHA or even investing except what I learn on BiggerPockets.  

Seems like a brilliant investment opportunity, no? 

Brilliant! 

Hello all you brilliant people,Im a 23 year old in Wichita Kansas, working for my uncles RE holding company (84 doors, two commercial, twenty duplexes and the rest SFH), as his property manager, secretary and realtor.

Any brilliant work around to avoid lender claiming Due on transfer clause so we can get it into an LLC?