Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

These are the key to getting a loan.  

Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees. 

So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

If you have three NY properties you might have enough equity to get into something commercial outside of SC.

FHA loans require living in the home as your primary residence for 1 year after purchase.

Hoping to go down one of two paths:1- Buy a condo or small single family home and build equity and create value with my maintenance/construction background.2- Find a cash provider to do this on a larger scale with a 3-5 unit building. 

If you're looking for strong cash flow, the Midwest—places like Ohio or Detroit—can be great options due to lower property prices and higher rent-to-price ratios.On the other hand, higher appreciation markets, such as California, come with higher entry costs but often provide significant equity growth, even in the short term, if you buy wisely.If you're considering short-term rentals (STRs), your focus should be on factors like occupancy rates, average nightly rates, and regulations in the area.

Do you want to be passive (ie give your $ to someone and they pay you interest, or you put the money for the opp and get equity, etc)3.

You need two years of steady income before you can qualify for a loan.