Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.

The example does actually reflect my situation but I tried to keep it as simple as possible. 

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.

Since they keep the loans in-house instead of selling them on the secondary market, they can tailor loan terms to meet your unique circumstances as an overseas borrower.If you have strong assets or savings, consider looking into asset-based loans or no-doc loans.

@Kate GranahanHi Kate, we make loans on mixed use properties.

Of ourse there is a cult following for some of these programs who swear by it, but again, its simple math and show the numbers. 

I would love to be able to bundle them into 1 loan, but have not found a lender who can loan on a single property under $100k, even when bundled with the other one. 

If you're still in college and working with an FHA loan, a duplex can be a solid option.

Does anyone know anyone that does 5% for a vacation home loan? 

Any laws against repaying the loan in stocks instead of actual cash?