And if this is illegal in some states...what exactly is illegal about finding interested investors and matching them up with a funding source?

Short Answer is yes, via interest tracing rules. 

The interest rate is not special nor is the 20% down (80% LTV).  

The good ones will have access to off-market deals. 

First and foremost you are just reading a newspaper article.

This resulted in literally weeks of delays, which contributed to the closing being postponed and rescheduled, losing our locked interest rate.A big gap in the overall Kiavi process is that we never received detailed introductory emails about the steps of the refinancing process.

I don't see much data to back up these wild claims in the article.

.- **BRRRR (Buy, Rehab, Rent, Refinance, Repeat):** This strategy can be lucrative, but it requires careful planning and execution.

What made you interested in investing in this type of deal?

I am curious if anyone has had any success using this product.