the simple reply to your question is they do not exist  except for very experienced repeat clients. someone with no experience or very limited experience is not going to get a true no money down HML..

So the syndication model is not true?

True off market requires work by driving, street view, calls, mailers or other ways of finding true off market. 

CA, NY, NJ, PA, IL, AZ, WA, OR, NV are turning into communist states; not the old true blue states.

If you're not in the ghetto, the opposite is true.

If you want a true duplex, you'd also need to make sure zoning would allow it vs adding a legal suite.Why not just buy an existing duplex?

However, "person" is a human of any age, so we had to deny them the unit.A true bedroom must have the ability to egress aside from the door, so the closet would not qualify. 

It almost seems too good to be true...

Then you can refinance into long term debt once stabilized and get a true value look.

Is this true?