Usually you can get 5% with no points and once you have it set up you don't have to redo the paperwork each time you want a loan then when you sell the house you pay back the loan, rinse and repeat.HELOCs are a fix and flippers best friend.

Think "trust, but verify" on everything.You may want to ask my friend @Chris Tracy.

I think you need to find an investor friendly lender.

I am REI newbie trying to gain knowledge and save money in efforts to reach my RE goals house hacking 2 flats.The BP community is very friendly and informative.

Try and think of other friends or family that are interested ininvesting strategies and ask them if they'd be willing to help you with down payments on these houses or duplexes.  

I have a friend I know that is trying to get rid of his moble home and I don't know much about the niche or if there is profit in it.

Common amenities in these luxury apartment buildings include high-end rooftop decks, pet-friendly options, bicycle repair and storage rooms, shared co-working spaces, and tech-focused lobbies.

I spoke with a family friend who said we could do it for $5000, on his off time.

I am looking into NWI market to invest, mainly Hammond..not sure if right now is the good time to buy since NWI market seems to be hot as everyone is saying..If anyone knows an investor friendly realtor in the area please let me know..

It sounds like you don't want a rental - so you need to look at your options to sell...owner financing, conventional, etc.You could do an Executory contract as a means around the 180 day limit but would seek legal guidance as there are lots of disclosures and risks with that route.Also, I assume this is residential - the requirement does not apply to commercial or investor purchases.