They'd be much better off being a Hard Money Lender and make 5 times that (and every repair to their "investment house" is paid by them...So, if you put $10k down on a property and make $150/month net cash flow your Coc Return (annualized) is 18% which is Very Good.If you followed that and understand it then keep looking for a deal.

It is an expense, but they keep it all legal and compliant.

I have been to the DFW area a few times but not specifically to these northern suburbs, but I know that DFW is one of the fastest growing metro areas in the country with a robust economy, and I expect it to keep growing.

My advice is to keep trying because all it took was to find the right smaller bank willing to take a chance on me. 

Its just a version of wholesaling with keeping financing in place?

The game plan would be to keep this structure for 1-2 years with future full sale.

Every time i make a post on here I am getting great feedback so minus well keep posting lol.

keep in mind 2.9 % or really any mortgage in the 4's was a once in a investors lifetime situation.

Love to keep relator out of it, but may need realtor to find a next deal for me as a duplex up to 4 plex on VA loan/owner occupy.

Keep us posted if you find out anything interesting/new.