Any strategy that LS does not endorse is NOT allowed for their members. 

And for the companies that endorse WealthAbility, I would think twice about putting your stamp of approval on such a sleazy sham of a business.

And for the companies that endorse WealthAbility, I would think twice about putting your stamp of approval on such a sleazy sham of a business.

The following links are not an endorsement of a particular lender, but just a quick googling of terms / rates (terms are all going to be similar as they have to comply with Fannie U/W policy regardless of originating lender) for Fannie programs:http://www.crefcoa.com/apartment-rates-main-fannie...http://www.crefcoa.com/fannie-mae-multifamily-small-loans.htmlThe tl;dr version is that you can get 80% LTV/LTC, 30 year fixed,  on properties with non recourse financing on fully stabilized properties (90% occupied is a requirement).The issue is that people think you can START with that financing on a non-stabilized/value add/new construction/rehab type property.

But I'm now looking for MLO endorsement which unfortunately he can't do...

I would ask the issuing office for an endorsement adding the LLC as a named insured to confirm that it does.

Some carriers will do a homeowners policy with an endorsement or acknowledgement of the second unit being rented out.

Keeping the transaction simple by buying Low and Selling at or near market value is much more approachable.Seth Williams over at RETipster is indeed the real deal and I would heartily endorse checking out his stuff.

I'm not endorsing this idea but I've seen people get around this by signing a "6 month lease" with every tenant but then giving them the right to terminate at no cost after 30 or 60 days or whatever it is. 

Tenant Turner is highly endorsed by BP, and that is what we use.