When my loan was not going to close, it was one of the options that my broker and lender told me about and actually referred me to for a conversation.

Its money well spent land development is high risk high reward.. depending on Jurisdiction. 

For the STR rental loophole, which is what you appear to be referring to, you need three things:1.

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

How do you balance the risks of holding during a market dip versus the rewards of appreciation?

Is it better to be  referred to one than to continue wasting time looking for one?

We do not charge a fee to our members and we do receive a broker to broker fee, but it is up to the broker to pay the referring broker, and GEG opted not to pay us. 

For reference, I am 30 years old and not married.

Try pulling this crap in CA and see if the DRE has a problem with it.Interesting that COGO Capital references their CA DRE Brokers license on their website. 

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