I would like to find someone that I can borrow $1M from.

Hey Chris, perhaps I can assist here. 

I don't have anyone I know of to borrow money from, so it would be hard money, and I don't expect my income to go up much (why I plan on buying more rentals).

Sell to the new borrowers. 

She stated that she screwed up, and is terribly sorry, and not sure how this happened or how it was not caught by anyone....but that the loan product (Freddie Mac home possible) that they are using...went through everyone, passed underwriting, and then was selected for quality control and was noted that one of the home possible policies stipulates that: Ownership of other residential property The Borrower must not have an ownership interest in any other residential property as of the Note Date, or the Effective Date of Permanent Financing for Construction Conversion and Renovation Mortgages, except as stated below.

Hi @Carrie HallenslebenStrategy wise, I would recommend against "borrowing short" to "invest long."

Your best option would be to find a place for her to rent that she can afford with out needing your financial assistance , one you do not own, and rent your own place to a tenant.

Is there anyone in my area that can assist me?

If you need any guidance for real estate investing or assistance with this process itself, feel free to PM me.I️ would be more the happy to assist.Much success!

And, any Lenders that they put him onto who will allow him to borrow more than he would normally qualify for, will be at Hard Money Interest Rates anyway (which he could already get through {yes, that's right}: google)!