CA has brokerage exemptions, for real estate brokers, DF exempts attorneys from creating owner occupied residential loans when the loan is compliant and so long as they are providing an auxiliary service in connection with their practice, your attorney places your assets in a trust for estate planning and creates  note selling a home.

It's certainly competitive but as long as you have everything in place, contractor, funding, and deal source it can be quite lucrative. 

@Ling Chen As long as you live in the property, you can finance 96.5% (put down 3.5%).

Navigating appliance issues in a rental can be tricky, especially with a long-term, reliable tenant like yours.

lots of options depending on your goals. i focus primarily in knoxville with long term holds and a few flips. my long term holds are focused in 37921 and 37912 zip codes and focus on long term tenants and student rentals. oak ridge has a great upside for long term renting as well as mid term with the lab and all the contract labor that goes in and out of there. happy to pass out some references if needed. 

If I'm understanding correctly, you'd be the new owner of the home as long as the house appraises for $300k.

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.

Its the contractor that pays the price long term . 

So as long as you find the next deal, you can refinance and pour it directly into the next deal? 

We currently manage Short Term, Mid Term and Long Term rentals in the Raleigh and Greater Raleigh area.