I'm not looking to fund transactions, necessarily and I have some partners I'm working with who are already in the business.Of course as I build this, I'll move into bigger deals because I'll have more capital reserves.

You'll need some working capital to make improvements and potentially BARRRR your unit.

@Ceasar Rosas My plan is to buy the first one live in it until I have enough capital built for the next DP, then as long as there’s no rule saying I have to stay in the first residence for X amount of time, I would occupy the second prop and fully rent the first.

I want to do some flips to build capital but have none to start with.

Local banks are usually more flexible and can have more favorable terms than national banks. 

My lender Capital One did not know that an HOA questionnaire was required until 4 days before closing.

Also, is this type f property subject to the same 2 year owner occupied restrictions when selling the property to avoid capital gains?

I am planning on wholesaling it since all my capital is currently tied up.

I am planning on wholesaling it since all my capital is currently tied up.

Some examples of bigger ones are Bremer Bank, Sunrise Bank, Deerwood Bank, BMO Harris Bank, First National Bank Hastings, Community Resource Group & Citizens State Bank, but there are hundreds more.I just want to be clear that I would not chase the LLC designation to get the property into an LLC.