In your case I suggest a passive, low risk options like government backed CDs.good luck

NMLS registration is a bonus because you can look them up on the federal registery to make sure they are real..

Happy to connect if you have any additional questions.State of Michigan Property Tax Estimator: https://www.michigan.gov/taxes/property/estimatorGrand Rapids MI Rental Certification: https://www.grandrapidsmi.gov/Government/Programs-and-Initia...

Next, I'll be pivoting into subsidized housing investment and collecting rent $ from the government as i truly do believe this is a way to boost CoC return percentages in today's market.

Otherwise, you can never attain financial freedom because rents will not outpace inflation.How long your rental income lasts depends on job growth in the investment city.Non-government jobs are inherently temporary.

All require the "lender" to be licensed in the state, for borrower to have no mortgage lates or hiccups, have different rules and change the rules whenever their investors (not government MBS these are big guns investment firms with pulse of the location where your property sits) see clouds in the sky.

Federal programs will require you to use GC/licensed folks for a lot of the work and they will get reimbursed by the institution that your loan is with; many GCs don't want to wait on the float time of requesting funds and getting them.Depending on the program and rehab/condition of the home, you may not be required to live in the home (think black mold remediation...bank isn't going to put you in a compromised position) however they may have min/max of when you need to move in.

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

It seems the only people who actually got loans from them were PPP loans from the government during Covid.

I have used Wichita Federal Credit Union, and Gateway mortgage and have had success, hopefully they can help you!