Once the rehab was done I refinanced out of the private loan into a conventional loan as a primary residence.

I have my eye on a large single-family residence in Bethlehem, PA, but I have yet to acquire financing.

Investment Info:Single-family residence wholesale investment.

Investment Info:Single-family residence fix & flip investment.

The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.

Typically, we set up entities in the state in which the property resides.

I cam across the podcast with Sam and he was talking about private money lenders and investing without having to use much or any of your own money.

I don't know your living situation but if your paying x,xxx for rent or a mortgage and instead by living in one side and renting out the other you will be paying y,yyy instead and y is less then x that's great, especially if you can rent out your primary residence and make income there too. 

Investment Info:Single-family residence wholesale investment.

Both strategies are great and have their pros and consOne of the biggest wealth building tools in real estate is the ability to purchase a property as a primary residence and put less then 20% down.