Credit cards- You should owe less than 1/4th of what you can borrow and be paying the minimum payments with a plan to get out of debt.

I really liked being able to pay the loan off when I had extra cash and the go borrow it back with no fees when I needed it.I would call around and see who is making the best deal and go with them.

If I’m reading your post correctly @Eric Roth, they’re borrowing the bulk of the money from a conventional lender and obtaining the money for the down payment and reserves from you, which they plan to put in their bank account (sounds like they want to season it so they don’t have to tell the conventional lender it’s a loan).

I am curious if any one in this group ever heard of or ever borrowed money from this Lender.

The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees.

Is anyone able to lend some insight on these products, such as; what are the terms of occupancy for the borrower? 

Has anyone borrowed from David Williams? 

If you can borrow it for 4, 5 or 6%, as long as your rate of return is greater than your interest rate... you win!

Using a 3rd party that is paid directly by the borrower does seem to have its advantages so far.

I'd love a feature on the BP calc to include a borrowed down payment or an option to add a second mortgage.