That’s basically it.

Since I’ve got a full time job, I’ll be starting my RI’ing part time on the weekends.If anyone if Phx wants a cup of coffee, I’d gladly buy just to sit down & learn the basics.

This concept has been around for a long time. 

What is the terminology for the vehicle that basically does the same thing?

Most VA investing includes the concept of financing OUT of the VA loan so that you can buy the next at 0%.

Set an appointment with them to come out and tell you who they would put in the space.3) @Joel Owens mentioned in a post one time a concept called 'void analysis' meaning what is missing in that area.

Basically I do the labor and up keep, help him with cutting and splitting firewood from the land, and cleaning years of trash dumping on it by him; in exchange for ownership of the land in 10 years.

The most basic and logical explanation for something is often correct, but proving it can be a whole other ballgame.

The FHA 203K sounds amazing in concept with being able to add the renovations cost to your actual mortgage.

When I meant by borrowing 200k was to buy a fixer upper for cheap (from a whole saler, or off market deal), and use that 200k to basically buy and rehab the house.