The SAFE act made that all but impossible, and current requirements for owner occupied property loans must comply with certain guidelines.

Brian,Condolences or congratulations on the divorce, which ever applies.I myself just went through the same situation, mine was in MN so some info may not transfer.You "could" get going safely, but if you do no preparation and just go get properties and all that the ex has full legal right to equitable split of all that stuff as well.

In fact, it's not even at least lead-safe.

It's not always a solution, some seller nee the cash to move on, but there is an option in some cases to sell a note.

I've been pursuing a deal to invest $20k, sourced from my SDIRA using a 65% LTV solution.

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Without knowing much how to do private lending correctly, you can turn your $750K cash into $5,000 a month of passive income (8% yield is actually very low) and do so safely.

If you consider such activities, see an attorney who is local.As to funding and the SAFE Act, construction funding is exempt, an owner can also guarantee a note made to a contractor allowing a lien to be secured.

If your still not finding a solution or have time constraints, contact a broker to help you out.

Before you buy, dont be afraid to go out in the street and open up a manhole or two and take a look in a safe manner. it might save you some $$.