I believe that you would still have to disclose it on an FHA application, they want to know all of your outstanding debts and monthly payment amounts.  

From here I would like to have plans drawn up as well as the estimated financial cost for my vision or whatever development is determined to be realistic.Any guidance or contacts that are provided will be helpful!

I put myself through a Bachelor's in Computer Science at James Madison University and still have the $60k in student debt to prove it!

After looking back on the past couple of years and reading similar stories, I wanted to share some of my story.In mid-2014 I was turning 30, had recently changed positions and was beginning to realize that my financial future was limited by my employment.

Generally speaking, however, it is more financially prudent to simply have the plan hold title to the asset.

Keep in mind that most banks will require you to have 2 years of rental income before they'll allow you to count that income when calculating your debt-income ratio.

You'll have to get the financials.  

This also doesn't include my future-wife's income or financial assistance family members have suggested they'll offer.

Well, if you're doing it just to make sure you can get it before the deal disappears then that's fine, but don't try to keep the debt on the line long term.  

Not sure if this is the right form for literature recommendations, regardless...Looking for good reads covering Realestate Investing, Refurbishing Homes, Assessing home values, and ANYTHING ELSE You feel would be beneficial to someone working towards financial freedom.