It's state specific but to makes these loans you generally must have an NMLS license, which some HMLs possess, and willing to endure the brain damage, risk, expense, paperwork, and reporting required with consumer purpose loans.

Not bad for all the hassles we endured.

If they are motivated enough, and already have had to endure their home sitting on the market for many months, I would think it might be a win win for all.

@Joe Cantanzriti How big of a project do you think your family can endure?

I hate the idea of getting a bite then having to endure rabies shots:( If you get a professional maybe you can call around price it out.

The real estate investor may endure these higher fees but will make up for it by spending less time and energy dealing with lower quality help.  

I am young, creative, full of energy and have the endurance to do the leg work to build these relationships and make it happen.

So you would have to buy a bigger property (4 bedroom detached) and endure student high jinx in order to earn $500 per month.

Sometimes, school districts do the same.Education is critical to easier and enduring success.

I've had to endure hours on hold with Cleveland Public Power just to get someone on the phone to authorize my property manager to work with them & then a week later my property manager will say "now they need you to authorize this..or that".