Does anyone have experience with these type of loans?

I recently purchased a SFH (4 bed/ 3 bath) in Plano via First Home Buyer/owner occupied conventional loan and am renting by the room.

I have a friend who purchased a distressed property with cash and is looking for a hard money loan to complete the rehab. 

@John Mason, lenders will look at your credit history, income and assets held to determine your eligibility for a 15% down payment conventional loan.

Duplex is a great first step into the REI market if you can buy one that you can put in a little TLC/renovations, you can quickly refinance in as little as 6 months and buy another property keeping it as a rental.Duplex allows you to use the other "Unit" rents to qualify for the loan or higher loan amount.Rent is a waste of money when you look at an amortization schedule and payoff based on a 5 year model your rental has (ZERO) equity and a home has money you can pull out.

Since all assets have already been pledged, offer the seller your stock in the acquisition company as security for the seller financed loan.  

Attempting to gauge participation in the member loan for the Austin 4-pack managed by RevisionMasters.

Especially the ones that had adjustable portfolio loans.

This is because you can't get an FHA loan for an LLC and thus have to put down around 20% for the loan.

If so, you'd be looking at using a different loan type for that.Assuming you're the end buyer, then the fees depend on how you and your wholesaler worked it out.