No Personal Use: You or family members cannot live in or personally use the property.2.

I personally use a company called swift permits.

I have been to a few of them personally its really something and the folks that own them are under the radar and make MILLIONS.

For comparison, a Navy Federal FCU personal loan will be in the 15s%

Whichever direction you go, be sure to work with folks who understand this and gives you the confidence to take reasonable action - I'd personally take an okay investment and weather the storm for a few years that will eventually perform well, and do that each year - rather than take 3 years to wait for the best deal possible.

I don't want to doubt them or call them out, but last year I had to explain to them HoH rules (that you can actually claim HoH without claiming a dependent with a Qualifying Person--common in divorces-) and ask them to take it to the CPA who signs off on my returns.

It should be from someone who uses that person.

A person doesn't have to like these new realities but realities they are none the less.

On more than one occasion I’ve talked with a person or two that was offering real estate coaching and I found out very quickly that either it was not what they were advertising or they was not far enough along to be coaching anyone except maybe a complete newbie or maybe it wasn’t the strategy for me.Anyway, that’s my ramble for this morning.

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).