I bailed (spooked me) that one so fast wholesale style it would make your head spin. 

After I learned more about it, most of those concerns went away because you can put your own spin on it to avoid any ethical breaches. 

Sensing our heads spinning our lawyer friend said he’s seen him give seminars to lawyers and most have the same look.Anyway I did come away with a few things that I wanted to run by those more knowledgeable than me.Basically he was saying that sometimes people got behind for one reason or another but now have the money to pay.

Major, you just placed a whole new spin on your situation, you will want to discuss this with other lenders, perhaps before you get to far in your application process in general. 

Or would i be spinning my wheels at that point? 

It gave me a punch list of things I needed to do so I wasn't just spinning my wheels. 

I’m sure there are many variations of this (assuming it’s a spin-off of the Infinite Banking / Bank on Yourself concepts), but wondering if anyone is employing this Family Bank concept.

Calling back to make sure you are talking to the right department or a supervisor will make sure you aren't spinning your wheels.

It would be a better idea to,1. find a partner with money2. save up the DPYou will be spinning your wheels trying to find 100% financing as a new investor.

Hi All - I have been looking long and hard for where to buy a second home that we might spend about 2 months a year at on average when we escape the Cleveland winter - So many places my head starts to spin so hopefully you can help narrow down my list.