@Daniel BryanI agree with JacobBetter returns elsewhere and downside is if your borrower defaults depending on the state it could take years to foreclose and run all that legal and holding costs which wipe out any gains.

As you ask, "Can I get an appraisal waiver, never mind the open sewer line in the kitchen", the borrowers won't make it to closing, no worries, I have power of attorney.

As mentioned above, USDA will not make you refinance into a loan if you want to rent out the property, but they do issue some warnings.When a property is no longer occupied by the borrower as their primary residence it will affect their ability to refinance the mortgage with USDA or continue to be eligible for servicing and loss mitigation options.

Borrowing money at 3% at a 5 or 7 year ARM is fine at the beginning, but none of these clowns thought that maybe there will be aggressive rate hikes coming down the pike.

With two additional years under your belt perhaps you can tell us about some of the deals you done and, specifically, how this course helped you do those deals.Sure Jon,I had previously learned from another investor on how to work with borrowers on distressed notes and work out payment plans, pay offs or help them get refinanced.

Figure presents a very fast draw of equity; some borrowers have reported funds are there in a week.  

So, it is still YOU who is the borrower. 

FHA are intended for individual borrowers.

we just see so many threads on BP from OOS investors trying to do everything from Internet and it can easily turn into a disaster.i also see that you're trying to borrow as much as possible... which just puts a lot of pressure on your return because it makes the project more expensive.maybe you're set up for success but i just figured i'd ask. 

After doing the program for couple of deals, I find out it is almost impossible to make profit on doing Flip with their system, since they are providing these stuff:1.Sourcing clients with deals on Zillow, that is anybody can do that, you can't buy a property with very low prices2.Asking un-credited investors to borrow Hard Money Loan, I don't really think anyone don't have much experience should borrow Hard Money Loan, with balloon loan mechanism, it is basically teaching new-bees to suicide.!