i'd check your local laws and guidlines, its illegal here in the city of columbus to deny someone based on source of funding. 

Basically you stay working there and rollover funds into another qualified plan.   

Private money lending is a great way for real estate investors to access fast, flexible funding.

I save up every 3-5 years to buy 1 property 1.25x DSCRd, ideally through BRRR, and buy about 20% of my downpayment worth in a high-rate not fund--high rate as in a 2-5% above prime but not this egregious triple prime super high risk nonsense).

You know, I’ve had a few moments where I’ve scratched my head wondering if I was getting too cozy with my home equity, but pulling out those funds for a strategic investemnt has, more often than not, led me to some pretty sweet opportunities.

Obtaining valid ID and proof of income isn’t hard; for buyer prospects, swap proof of income for a pre-approval letter and/or proof of funds.

Went through all this with COVID rent funds, so feel your pain.

You might study up on this Atlanta business that is growing their business with private offerings (funding)   padsplit.comThey have a shades of gray solutoin for the unrelated adults, and rooming house zoning that is sort of working in the Atlanta area.   

That would be your reserve fund, but you wouldn’t be paying interest unless you actually needed to use it.

I fund a lot of folks that do this. its just wholesaling dirt .. nothing sinister .. some try to actually buy it others try to tie it up and assign contracts.