Quote from @William Taylor: Quote from @Addy Chupa: Hi William,I ran some numbers using our tool, and I’ve included my thoughts below, along with two scenarios: one based on your exact assumptions and another with adjusted figures that I believe could make the deal work better.Observations on Your Numbers Utilities: Based on your calculations, it seems you’ve assumed the tenants will cover all utilities.

Many billionaires and celebrities own property there, including lots of Americans.The infrastructure is top notch.

Some types of Creative Financing include: Seller/Owner Financing, Land Contract, Wrap, Assumption, Subto, Lease Option, Contract for Deed.

Include before-and-after photos, receipts, and a list of all the work done.Curb Appeal: First impressions matter.

HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."

Loan from a Solo 401(k):If you have a Solo 401(k) instead of an IRA, you could borrow up to 50% of the account balance (up to $50,000).These funds can be used for a down payment, including on investment properties.

Quote from @Pablo Avila: There are plenty including myself!

If they were looking out for my best interest and knew that they tenant was moving out, they could have taken that opportunity to show me the unit.I had been told that Ready REI’s "contractors" had gone through the duplex including the occupied unit and deemed it move in ready, however the home had MANY issues, and the unit that the tenant moved out of was a complete dump that required a ton of work – much more work than Ready REI let on.

Including monthly obligations and who will pay them, etc.

Not legal or tax advice, but I think every subject to purchase should include a wrap mortgage so that you create notes receivable income.