I planted the idea of a rehab loan or heloc to help him with the repairs.

I've used a VA loan to househack one of my duplexes, so we are on similar paths!

Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines

It may be worth it for me to just save up the cash to go all in on a deal myself or seek investors to simply get a hard money loan for for the initial investment.What does everyone think about my perspective here?

Have you looked into DSCR loans at all?

If you have been more than two payments past due or have been past due by two or more payments in the last 12 months, then the loan casefile is not eligible for delivery to Fannie Mae or Freddie Mac/ conventional loans.

This is a conundrum as more people are default this year than ever since 2009, but I think the reason is all the government assistance, and the extremely high demand for sub-prime loans.

I am assuming that this type of loan cannot be given to an LLC but I am not sure. 

The benefit of real estate is the 5x leverage even at 8% loans, will nominally return 18-26%.

Paid off my student loans after 10 years of graduating.