At 3 to 4 million you should be able to get away from local to regional banks and get better loan terms fixed for ten years with 25 year amort.

I am sorry we are not perfect but on a daily basis i am referring new clients to clients of 5 years plus that are happy. 

@Franky Juwana, what @Arianne L. said.In all probability you will "get away" with this, which is called occupancy fraud by the way, initially.Then when you go to apply for your next mortgage, it will be patently obvious to the underwriter (assuming the LO doesn't catch it) that you did not do what you promised to do the last time you got a mortgage.

During that trip, I identified the perfect property and was under contract to purchase before flying home.

I can't ever remember a used house I bought that was perfect. 

My thought process might not be perfect - I'm very new to all of this.Did you use FHA through FirstBank for your investment property, or were you able to put 15-25% down?

If you're looking down on property from the sky, it's a perfect T.

Perfect for AIRBNB.

I'm perfectly happy holdings indefinitely because of the irr and Cashflow.

Karen, public advertising for securities (that is what we are talking about) is a violation of SEC laws and regs, but as Don stated, it is done all the time.Certainly parties can contact you to ask about investing in a project of yours, they initiated the contact so perfectly legal.When you have situations where you need multiple parties to fund one deal, you can fractionalize the note (there are rules involved and should always be done with a properly licensed broker to originate it) or you can form an LLC or other entity and each money partner has a limited share.