In FL I have a lender who gets the 10% second home loans done easily. 

@Don KonipolWe have done very similar on a quasi participation agreement where it’s a 12% loan and 2 points at $500k.

I am a general contractor as well as a commercial loan broker and so far this market have been well for us.

We have about 20% as a "down payment," but I assume that avoiding a traditional loan would be the best way to avoid extra fees and costs.Have you ever purchased a home from a family member, and if so, how did you come up with the money? 

Currently conducting research and finding that most software is limited when it comest to:• Current Equity in the property• Updated Appraisal Value• Updated FTV %Reonomy has some of this information IF there is a CMBS loan; however, it only shows the appraisal value at the time the load was issued... so, it was issued in 2019 thats where the appraisal value stops, leaving a 5 year gap.

If rate come down and  you refinance out of current loan, another appraisal will most likely be done again, no need to pay it twice.  

Your loan may be dependent on the income you are getting from the other side.

Escrow and reserves is $440 a month, I was thinking of offering payments of $1k a month and 5% interest for the 5-10 year loan term?

However, my loan was an ARM, and is currently at 5.5%, but will be resetting within the next year to market rate.

Is today's market and interest rates worth me utilizing an FHA loan for what some people have referred to as "house hacking" and beginning an investor path that way?