What you can expect from Sherman Bridge Lenders: promises will be made to you, they will not be fulfilled; you will be lied to, you will be ignored, you will be stuck in a trap between the hard money purchase loan and the supposed refinance permanent loan you are ultimately expecting to get.

I'm beginning to find that our problem is more with the fact that we are both fresh out of college (and i'm still in grad school) and she's still looking for a fulfilling job.

I plan on only living here for a year to fulfill the fha requirement, then plan on using that equity/saved up money for a SFH rental which I would also do an FHA loan on and move in.

I plan on only living here for a year to fulfill the fha requirement, then plan on using that equity/saved up money for a SFH rental which I would also do an FHA loan on and move in.

The seller would still technically own the property until the buyer fulfilled his agreed to responsibilities.

I am developing some immediate goals and looking forward to pursuing something meaningful and fulfilling.

to give effect or force to (a law, decree, judicial sentence, etc.). to carry out the terms of (a will). to transact or carry through (a contract, mortgage, etc.) in the manner prescribed by law; complete and give validity to (a legal instrument) by fulfilling the legal requirements, as by signing or sealing."

Just practice the "Golden Rules" and you will create a great team as well as a lifelong  friendship. 

Their lawyer told us if we do not fulfill every single request of theirs they will take us to court and the lease (from realtor association web site) is invalid.

My goal is to A) keep my personal housing costs low to B) generate cash flow when I move out and, as a lifelong renter, to C) begin to build equity.I think the duplex accomplishes all three goals.However, I also think that I could accomplish A and C by purchasing a single family house and could accomplish B by investing the difference in mutual funds.Does that line of thinking make sense?