The cash yield from the loan would be greater than the yield from renting the property, even with area appreciation. 

Would the property and the loan being in my name be an issue?

Does anyone have experience with these type of loans?

Jay, I am still waiting for information from the loan officer.

Normally, you need an LLC with 2 years of tax returns on its business to buy in an LLC or transfer to, unless you are refinancing into a DSCR loan or something like that.

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.