However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

Though I would caution you on hard money lending until you understand the industry a bit better, that can be very rewarding but you have to be able to do your due diligence on deals because you're turning over your hard-earned money to an individuals project, often a flip. 

Curious what loopholes you are referring too?

you can PM me I'll refer you to my realtor.

He talked about doing Gator 2.0 where you just refer someone to their website/team/lender and you split the profits 50/50.

Starting out in Section 8 housing may be a rewarding experience both financially and socially.Good luck!

Ive referred clients to him, he has referred clients to me.  

Those are great places for meeting people who hopefully at some point will know, love, and trust you and will refer you business. 

Be sure to: call & verify employment references, request pay stubs to confirm income & check rental history by contacting the previous landlords.Keep the momentum going!

Your risk vs. reward is way off balance there.