My idea is to buy the properties using a HML then in a year (once we have done some rehab and brought rents up to market) finance the properties under a commercial loan.

By the way, I am d'Amileau, my spouse is Lance who the account name is under, but I run the investment portion for us. 

Well, I don't know how many deals you guys are getting, but after 5 months, several hundred underwritten deals, and several best and finals, we finally are under contract on a 98 unit value add.What it took:- $100,000 EMD- No Finance Contingency- $50,000 Good Faith to lender- $15,000 to attorneys for the PPMBig shout-out to my partner, @Sam Grooms.Now we just need to close...

I am looking at buying a property that is currently listed at $93k, and as I've talked with local mortgage lenders I've gotten very high rate offers due to the fact that the loan is so small and it's an investment pro...

I just put my first deal under contract and like you am doing an owner occupied or househack for my first deal! 

Typically our closing costs are under 1k for anything under 50k.

A 6.0% interest rate, under this scenario, the property is paid OFF in 87 months.  

Traditional home insurance does not cover houses that are vacant or houses that are under construction.

You might violate a clause in the Note's agreement since it's under your name and not LLC.

Happy to have a conversation on investment - my wife really likes watching the tv series Homes under the Hammer - great stories.