This part in particular:The cost of getting an FHA loanFHA borrowers are charged an annual mortgage insurance premium of up to 1.35 percent of the average outstanding balances of their loans.

If you buy for $100K and put $25K into a property and it's now worth $200K, you should be able to borrow between $150K and $160K.

of borrowing against a brokerage account for RE investments.

I have not seen any state that allows a non-registered or unlicensed lender to charge points, so you have another violation most likely.As a borrower, if it's really an individual lender you need to use a loan servicing company, that's the best way to ensure you don't have problems.You could be working with a shamster lender, lots of them out there who lend and even set up a default (just toss your payment in the trash, it could be 30 days before you even realize payment wasn't made!)

Aside from bringing a killer deal that makes a lot of sense, I think it's imperative when borrowing money from lenders that you focus on all of the benefits for them.

Even if your borrower was paying you, the promissory note should contain language that makes being late on park rent a default of the terms.

The deed is still in the borrower's name, and you will lose what money you have paid.

90% of my private money has come from one place -- this forum.I've found -- and I know others have as well -- that building credibility among others in the business is the best path to finding lenders, and if you want to find others in the business, this is a great place to do it (thanks to Josh and Brandon, there are about 180,000 of us now :).I've borrowed money from people here who have never met me in person.

My biggest question would be "is your EF fund going to be borrowed or do you have any cash?"

203k is an FHA mortgage loan that allows owner occupant borrowers and qualified non profit groups to include the cost of purchase/refi and renovation money into one mortgage.