Borrowers are not allowed to complete any of the work themselves as sweat equity.Loan to Value Calculations:The original principal amount of the mortgage may not exceed Fannie Mae’s maximum allowable mortgage amount for a conventional first mortgage.

I would love some feedback from those who have structured cash/sweat equity deals.

In summary, don't sweat the fees.

Issuing leases, collecting rents, maintaining a property, etc.Bonus if you can find roomies to help you fix it up with your savings and some sweat equity.

No other where can I get into the market for 0 down (VA loan), and have the dividends pay off the what I owe with just sweat equity (my management)

No sweat Ryan,Yeah, we probably are working the same numbers.

I would get a planWhat are you going to buy, where are going to buy, what type of 'sweat equity' Are you willing to put in.Money is the easy part.  

My husband used to work as a painter to make money to put himself through college, and has lots of DIY experience, so he would plan to use those skills to put in some sweat equity in our first flips, and I of course, would design and draw the construction plans, if necessary, but I don't think lenders would take that into consideration, would they?

First time playing with it, and it was no sweat (literally).

In return for putting up a smaller amount of cash and being on the loan your partner could earn a better return than if they put up 90% and you would earn your split for finding the deal and supplying the sweat equity.