I also found out on the day we closed the loan that they have no security deposit either.

You actually purchase 65% of the new property with your cash and a loan for the $150K. 

More importantly, with the rate and lending environments of the past two years, having mortgage insight, access and resources has supported or improved the invest-ability for the majority of my real estate clients.

I may also need to take out a small loan/line of credit to complete the house, depending on how far my money stretches. 

Yes several investors offer fixed second loan and heloc programs including one 100% online with no appraisal required, disbursement in 5-7 days. 

So $1000 PI + 500 taxes + 100 insurance = the same as $1200 PI + 300 taxes + 100 insurance and when interest rates were 3-4%, 200/mo could buy you $50k more loan, so the house with lower taxes would be worth $150k vs 100k.

We are constantly testing and looking to improve our site navigation to make it easier for folks to find what they are looking for, but there is limited space on each page so we don't always get it right. 

If the lender defaults, will the fact that I purchased the loan as an individual with no licenses compromise my capability to collect/foreclose? 

If the appraiser marks the report subject to you will have to fix the noted items before you can close the loan, and then the appraiser will have to go back out to certify the repairs have been completed. and yes, of course, will charge a trip fee to do this.

Finance Your InvestmentsMortgages: Explore different mortgage options such as conventional loans, FHA loans, or private lenders.Creative Financing: Consider seller financing, partnerships, or using retirement accounts (e.g., self-directed IRAs).7.