This would be a one year loan which I hope to convert to a traditional 15 year mortgage after the property has established a suitable rental history.  

An agency within the Department of Agriculture that promotes housing in rural areas is revamping its loan guarantee program to make it more attractive to lenders.Originating loans through the Rural Housing service has traditionally been a time-consuming process, and many lenders tend to focus on other products that make up a larger piece of their portfolios.

As a Christian and a believer, I am very grateful to the Lord for all he has blessed me with. 

Hey there BP community,Christian here, Quick Question.

In our area(s) and experience (which feels more limited as time passes) a rooming house serves a distinct clientele:  a) university students (perhaps a sub-population such as international students); b) work force for a major employer (factory, refinery, mine, hospital) or c) those on the margins (those one step from the streets, the mentally ill {as governments have closed most of the traditional homes and care facilities}, the addicted, etc).  

I am ramping up my REI work and shifting from wholesaling lease options to traditional wholesaling. 

Perhaps instead of throwing me under the bus in a public forum you can ask questions to clarify my statements in a less hostile manner.As a Christian I would never conduct myself in any manner that you are implying.You can chose to believe me or not, but if you do I will be expecting an apology.

Have you looked into a lease option wholesaling instead of traditional wholesale?

You can also use a traditional IRA type plan inside of a SoloK.  

But all those cultural restrictions is more than offset by a tradition of honesty and integrity, especially in business.Thanks to our badly broken Japanese, communication in daily life is scattered with many amusing interactions.