I originally house hacked with a long term renter in the other unit of a duplex in a great location.

The market was not as good as I originally had calculated in that area.

You know I suspect but don't know for sure.. the Co owners of the fund recruited Brandon for his star power as the original face of BP and podcast host..

Assuming you've met that, your original loan amount was ~$364,500 with 10% and a purchase price of $405k.

I would suggest starting as a mortgage loan originator aka MLO.

Originally posted by Derek Nienaber:Hi Bill,"You can provide a loan modification approved by the bank to be accomplished immediately upon the purchase of the note, this, along with the waiver and request for the sale by the borrower takes the bank's liability away selling a note to a non-banking/mortgage broker type buyer.

I would imagine the bigger loan origination companies out there who underwrite like robots because they are lining up the sale before closing  will be the exception and require those docs up front. 

The only LLC you'll be able to form is a "disregarded" LLC, which means it gets traced back to your SSN for 1031 purposes since the original property was in your name. 

Originally posted by @Vaughn J Smith:Dan, thank you for that.

Not the best thing to do - I should have raised it originally for a higher amount.