It's possible to get a construction loan for a legitimate home or prefab/mod on foundation but it's very difficult to find a lender for cabins.

Sales price on SFR:  $185k after fees  (originally purchased for $157k and has a cost basis after depreciation of $135K)Purchase price on new duplex:  $135kBoot:  $50kIf we choose an improvement 1031 exchange, I don't think I'd be able to legitimize the $50k expenditure on the $135k duplex.  

I have a few wholesalers who I know are legitimate and a property manager who I highly recommend (none of them are giving me a kickback or anything - I just like to help if I can).

I just heard about it today and wasn’t sure if this idea is legitimate.

Most legitimate lenders will not as for cash from you or ask you to pay money for the possibility of getting a Loan,  take processing fees unless they are taken out of the loan you are getting.

@Max Tanenbaum None is particularly better, every way to get there is legitimate and we all have different realities to deal with.

The first being that I had to showed her the detailed numbers on several properties that would actually be legitimate rentals (no hypothetical scenarios here).

First, I would expect BP lives not on a single server, but that's not really germane to the topic.With a well crafted, multi-origin, DDOS effort it becomes very difficult to separate legitimate connections for new sessions (i.e. you reading the forums) from the fabricated request whose purpose is to consume service resources.

This was precisely the REI niche I was interested in and I believed we were in a legitimate deal. 

About 80% of our management portfolio is currently in Wilmington, so we are very familiar with the differing areas.As was said, Legitimately one block makes all of the difference in Wilmington.