One thing I continue to think about is how valuable 2-4 unit properties are becoming, and will continue to be, since Fannie/Freddie took the income restrictions from the 5% down conventional loan option for house hackers. 

If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.  

Also, have you looked into DSCR loans for the refinacne portion?

A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck

Good Morning - My realtor came to me with an offer for an FHA loan but they want to move in this weekend.  

For instance if this is a $10M portfolio that's levered with loans totaling $9.1M, there's no equity that can be pulled but if this is a $1M portfolio with $100K of debt, its a different story.

Loan Origination Systems (LOS): What works best for mortgage and private lending?

You can talk to the bank about a loan; however, my bet is they will want some form of contract and scope of work and will only pay him at set milestones.

I got my realtor license in 2021, and that same year, we purchased three single-family homes using investor loans.