If an installer cant explain this to you sufficiently, shop somewhere else.As for the home value, I would agree that an additional 100k for solar alone is highly unlikely/ nigh impossible.

I don’t have any other hesitation other than the total income they receive from their jobs not being sufficient (at least 2.5x the monthly rent), but should I consider the six months advance rental payments knowing they will have access to additional income made from the sell of their home?

Then you manage the property for a year, at which point you should have sufficient documentation for a bank loan, & pay off the seller-financed loan.

Our income is not sufficient for us to take care of our family so we would like to get into real estate to help us build wealth for retirement and college funds for our kids.

Hi, I have an excellent credit history and I already have sufficient credit cards.

Liability and umbrella insurance policy should be sufficient.

On this 4-plex, I made a full price offer with no buyers side commission payable, title insurance and closing costs buyer paid,  no appraisal contingency, and sent a copy of bank statement showing more than sufficient funds for cash puchase (account number redacted) with a 12 day closing and an inspection clause.

After the year is up supposedly they will be self sufficient. ( They are given furniture,housewares, etc.

A 3 or 4 unit must also meet the self sufficiency rule (75% of total projected rent must cover PITI plus mortgage insurance).

If you have sufficient equity, why don’t you simply obtain a home equity line of credit?