The main players in this space are Guidance Residential and UIF, but it turns out that they may just be purchasing a Freddie/Fannie loan on the back end to finance the deal and then structure it differently for the buyer - which isn't in accordance with their religious rules. 

I haven’t marketed the unit yet, I fell into this applicant by chance so I’m sure I can get an applicant that will meet my 3X requirement.

Quote from @Tara Elliott: Can you sell your currently live in property to your LLC? 

With this new reality it is imperative that buyers are aware of these expenses prior to submitting offers on homes; they should also be aware of the risk that these costs can appreciate aggressively.https://www.nbcnews.com/news/amp/rcna163853

There could be reason behind this, but on surface, this is low.As noted above, severely negative leverageNo stated pref, so I am assuming the 80/20 split happens right awayProjected returns are okay.  

Ideally, I'm seeking homes with 2-3 bedrooms and at least 1.5 bathrooms.From my research, I find Howell appealing as a potential location, but I’m open to other suggestions.

So all in all a cash out refinance in this market with rates dropping right before the storm of buyers hitting the market and prices shooting up is all a good thing!

Quote from @Kevin Sobilo: This is the pertinent section of a NAR Exclusive Buyer Agency Agreement from PA.

Hi Everyone,I've been buying at PA tax sales for a couple years, Upset (liens included) and Judicial (liens divested), and understand the research needed ahead of time to protect myself from a bad deal.

By this time, I became so hungry for learning real estate investing.