If there is a bigger player, in compliance, maybe I can get "in", to some degree.If not, I may have to consider more conventional routes to investing.

However, with inventories this low you can always push value a little bit.

I admit it is not the most conventional way in the world but it made the deal work and since I will prob keep this place till I die it worked perfect for me.

Hopefully you refied by now and the bank has a conventional mortgage.

I'm sure you're more conservative because of the backlog of inventory in FL?

What is the relationship, he will most likely prefer a passive position.Can you show the market activity for the price range of your inventory?

I do think if you go conventional, you will be stuck around 45-48%.

It's away from my current target investment area, even though it's been a terrific situation.As far as using your LLC, are you able to obtain conventional 30-yr fixed rate financing?

This question is on how to find loans- conventional/commercial loans.

If you have a strong equity position, you may want to put the home into a HELOC, pull the equity out by taking the full line of credit and then down the road, transfer the HELOC into a conventional mortgage.