If you are looking to buy a rental, you'd want a more traditional type mortgage.

Sevierville cabins are more traditionally "out of the way" and quieter (at present).

But if it is a traditional IRA, both gains and contributions will be taxable and early withdrawal penalty will apply when you take it out before you reach 59 1/2 years old.

Southern IL has a lot of markets where more traditional housing competes with the affordable model, which is not ideal.Next, anyone looking to help you out here will need a tad more information to assist you in an evaluation.  

The property is an older home, built in 1880, which needs some finishing -- so it might not meet all the requirements for a traditional mortgage loan.

I am new to the site and I am currently exploring options for non traditional financing.

Didn’t go the traditional yellow postcard route or picture of a house.

A partnership or a traditional LLC structure typically does not allow equity partners to also be treated as employees.

Yes, the rates are quite a bit higher than traditional banks.

But yes, I was personally unable to locate a traditional construction loan which allowed someone other than a gc to go through with it Also, since I think I need a no doc approach now, I guess that’s likely off the table Wondering if you, or anyone else reading, has any further ideas as far as getting a no doc mortgage which I may need (?).