There are 2 main lenders that will do 80% cash out and they don't charge brokers origination fees because they're wholesale lenders.

U dont hear much about it .. its a niche and anyone who has taken back a seller carry back note usually gets a few direct mail peices offering to buy your note.. thats all it takes  its public record make contact offer to buy .. etc. 

You'd also need to establish a budget, and secure a master insurance policy. i THINK you need to do these things before reaching out to your municipality to have it converted officially with the county or city but they would be the first ask for steps in order.i will add, this would make financing on these units a bit challenging, as in the mortgage world, at least initially, they would be considered "non-warrantable" condos.

The flipper pays 12.5% interest to the lender, and I receive 10% of that.

There's likely so much competition at the comps stage that it's commoditized at this point.I would be curious to hear from others, like @Nicholas L. or @Bob Stevens what parts *after* pulling comps they feel could possible be automated without falling into non-scalable traps like iBuyers ran into once they tried scaling their algorithms.

REPS = Your rentals are non-passive if you materially participate in them.

As it's been non performing.

I've seen some lenders place limits on the number of loans a borrower can hold, but most don't.

I'm in need of a non renewal form for Ohio.

My interest is mostly syndication but am open to purchasing and leveraging non recourse financing.