So if you currently own a home that isn’t finance via FHA, then you can move into your new FHA loan covered home and then rent you current residence.There are a bunch of ways to skin this cat, I would start by talking to some of Jeff’s lender friends and tell them what you are trying to do and they will tell you if they have a product that works for that strategy.

If you did a hard money loan - they will want some skin in the game money for your first couple deals.A standard mortgage will cost you some money in EMD and the closing costs can be rolled into the loan. 

And with that, do they have skin in the game. 

I have been in sales for years owning my business, so I can sometimes get under the skin of people :)) They got offers from wholesalers for 600-650K as far as I understood, but I offered them a bit more if I can take over their mortgage.

Or see if you can get a DSCR loan Do they give a DSCR loan with no skin in the game?

He has incredibly little skin in the game.

With the hard money lenders, my “skin in the game” is much much less that what I’m use to paying.

There is a huge amount of knowledge in these forums, the largest difficulty may be in finding that which is of the most interest / value to you. 

I would have them invest something so that they have skin in the game. 2.

You will need some skin in the game to do a house hack.