I can’t imagine the returns you would have to generate. 22% federal tax, plus 8% state tax, plus 10% penalty.

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

Dave solo discussing the opinions in other articles is decent.  

For those still wondering why mortgage interest hasn’t moved down alongside the Fed’s rate cuts, see this WSJ article: If the Fed Is Cutting Rates, Why Aren’t Mortgage Rates Falling?

We have blogs and articles out there working for us. 

This is state by state as far as I have found.

That is who they write that article for so they can sell subscriptions. 

I also heard Brett Immel was still doing business in Iowa, though I read an article that says he has been busted for lying during a bankruptcy hearing and may go to prison for 5 years.Would it make sense to contact the S.E.C.?

There are a lot of articles, books, etc.

Imagine you’d share that article with your wife?