It would split the single parcel into two parcels, one side would be legal conforming 4-unit & the other legal conforming SFR.Thanks in advance!

. 🔥 Chris Voss"The Master Negotiator” & Author of Never Split the DifferenceLearn high-stakes FBI negotiation techniques for real estate deals 🏆 Dave MeyerHead of real estate investing at BiggerPockets14+ years of experience in real estate investingExpert in housing market analysis and investment strategyVenue: This year BPCON will be held at the legendary Caesars Palace in Las Vegas.

As for the 30% down concern, you’re right—most commercial lenders expect 25-30% down, but there are ways to structure the deal:Seller Financing for the Gap – If you can assume the loan, the seller might finance the remaining equity portion as a second mortgage.Investor Partners – If you can structure the deal well, you might bring in a capital partner for equity in exchange for a split of profits.SBA 7(a) Loan (if applicable) – If this deal has a business component (e.g., short-term rentals or onsite management), SBA loans might allow for a lower down payment.Local or Credit Union Lenders – Sometimes, local banks or credit unions are more flexible on down payments if the deal is strong.I’ve been involved in multifamily deals and underwriting similar properties, and this one seems promising—especially with the assumable loan at that rate.

Maybe even college housing.I would think that maybe splitting it into two units might be more profitable.

. $500K gets you a 1969 split foyer in a decent neighborhood in my area .

Split profits based on an agreed percentage.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

I have a retirement 457 account with $120k (split amongst Roth and Traditional).

Find out what they offer as far as education and support, what their fees/splits are and what their expectations might be.Remember, you will need a certain amount of continuing education hours, and you will want a Brokerage that has the support you need to help you through your contracts and answer questions.

Buy a house with 5 or 10 acres then split and sale.