Thankfully for us, we are seeing a lot more accidental landlords who aren't able to sell at the price they want and want to rent for a year or two until the market turns around. 

Yes, a contract is a contract, but it's a two-way contract.

If you manage to get this off the ground and do some verified - meaning paperwork is in your name, or company's name, etc - projects that turn a profit, and you build some capital in a bank, you should be able to go right to that lender after a year or two and start a relationship no problem.  

UBIT is generated two ways.

The other two that are commonly used is (1) 100 hours and more than anyone's time in the activity or (2) substantially all the time in the activity. 

We are looking at purchasing a few homes this way and renting them back to that companies employees, and keeping one or two for airbnbs.

I've self-financed deals my deals, financed them with a HELOC and used third party lenders as well.

If you’re just going to do one or two flips a year keep your costs low.  

I personally had two encounters with Zach.

Two things I remember that probably don't happen today: -First property was a no-doc loan, technically low doc because you still had to provide information but with 30%+ down pretty much anything you wanted was yours.