Technically, the fact that the borrower is not the beneficiary, it does not 100% comply. 

Both Conventional loans and DSCR loans can offer this flexibility, depending on the specific scenario and borrower qualifications.

I'm sure there are more FHA loan experts on the forum, but in general a borrower can only originate 1 FHA loan at a time since they are required to list the property as their primary residence and live in it for at least 1 year.

If/when the borrower defaults, they file the Deed in Lieu as a way to circumvent foreclosure regardless of what the borrower wants or the circumstances.

When you draw from the equity, you are "borrowing" it from the bank and have to pay interest.If you borrow against the equity at 7% interest and then loan it out at 15% interest, you are earning a positive 8%. 

We can close in 45-90 days depending on the speed of the borrower.

DSCR qualifies borrowers with rental income rather than personal income, so you don't need tax returns.

Who ever borrowed you $1.2m will have sent you a 1098 by Jan 31st.

More bonus points if it could look back at the borrower's track record and predict how they will do on a particular type of rehab?

@Samuel Coronado I’ve worked with a few lending options that have no seasoning requirements and allow you to borrow based on the appraisal or after repair value irrespective of how long you’ve owned the property for.