In general, the IRS wants this to be a vehicle that doesn't lend itself well to personal use.  

Will this hurt her in the lending process, when the appraiser comes and inspects the area?

Correction: Do anyone have any recommendations for finding hard money lenders who lend nationwide and companies who offer business lines of credit to new investors with credit scores of 620-660? 

From what I understand this can be much simpler and not involve the SEC filing docs that are required when using a syndication / PPM.

Is there a lender or program that will lend to a real estate business looking to use the lent money as down payments/cash reserves/closing costs?

If I lend money to a flipper operating as a corp or llc, do I have to issue a 1099 or 1098?

Should I return to previous line of work so that im able to use 2yrs previous returns(I dont wanna go back to work for anyone) or is it possible to still get FHA and lending even though income source has changed. 1 broker told me it may not be needed for underwriting,and that I just need to have down payments and reserves in seasoned bank accounts.Please help!

Should I return to previous line of work so that im able to use 2yrs previous returns(I dont wanna go back to work for anyone) or is it possible to still get FHA and lending even though income source has changed.1 broker told me it may not be needed for underwriting,and that I just need to have down payments and reserves in seasoned bank accounts.Please help!

Should I return to previous line of work so that im able to use 2yrs previous returns(I dont wanna go back to work for anyone) or is it possible to still get FHA and lending even though income source has changed.1 broker told me it may not be needed for underwriting,and that I just need to have down payments and reserves in seasoned bank accounts.Please help!

I expect the appraisal to be in the low $60s,and my lender will lend up to 80% on that not to exceed purchase + rehab.