.## Strategies: Flipping, BRRRR, House Hacking- **Flipping:** Focus on properties that need renovation but have good potential for resale.

So it's a loan....You just detailed a loan. 

With one small exception on VA loans, there is no getting around the due on sale clause. 

Our current focus is workforce and affordable housing investing.

Also, with a VA assumable, if the one assuming the loan is not a veteran, then the seller (veteran) entitlement will still be tied up in that property.

You said that you are applying for an FHA loan so it sounds as though you'd be living in one unit. 

If you pay down $100K in loan saving you $1K in monthly costs against rental income, or you invest that $100K in something that generates $1K in net income the result is similar.

@David Matarazzo  Did either of you move forward with them for property loans?

If you close with a conventional loan, it will need to be in your personal name.

I came across one of these loan agreements online somewhere a few months ago, can't recall where I found it but it was clear in reading the loan agreement there was no language referencing the loan actually encumbering real property, it was just an unsecured loan.