Since most of the applicants were not really mortgage-worthy material, I even mentioned that we knew of a gov't. backed mortgage program writing mortgages in that area, and that we could help them and work with them to get the mortgage. 

He took our personal and confidential information including drivers licenses, social security numbers, bank statements and other sensitive information we gave him to prove we were worthy to fund HIS deals and he purposely and maliciously violated the signed confidentiality agreement by putting it all on the dark internet.

Originally posted by @Kevin Harrison:@Douglass Benson wow. ok well thank you for taking the time to comment.I know that it sounds draconian, but when we market our buildings as "Non-Smoking" buildings, it loses the luster, and makes us look silly and not trust worthy when there are several folks in their cars or standing around the entrance to our buildings smoking.  

It sounds like a worthy trade-off for you, to do a duplex, especially if you're going to live in one of the units, but it's just something to be aware of.I'm not sure what you mean about "profitability of the long term investment over time".

If your and your partner's combined net worth is less than $1 million, then do you really need the LLC?  

Maybe I'm too cynical, but I feel like there is often more to the story when newbies scale quickly.Creative finance - you need to actually know what you are doing, sell an uneducated homeowner and/or agent on the idea, and have the credibility and balance sheet for them to believe that you are worthy of such an arrangement.

My two cents worth.  I

That will be available to you.Antway, get the idea and use if you feel its worthy for youGood luck

Bob makes a valid point, especially if your net worth is below half a million dollars; there might not be much worth protecting.

For what its worth, I just locked in a 2.99/3.25 (with/without a point) with Quicken today for about $2500 on a primary (appraisal waived).