I believe they changed the guidelines years ago on the amount of seller assist you can receive on an FHA loan, so I’d look into that with your mortgage company before making an offer, but definitely use that to your advantage when writing an offer!

If you want 100% of your investments in public equity, that is fine and you will reap those rewards or suffer those losses.  

However, I just received the closing docs, and the rate on the 6.9% loan has been increased to 7.8%.

I have collected emails received. --------------------------------------------------------------------------------------------------------------------- Here's the information I promised texting you about how we can help you achieve your financial goals and foster your personal growth.

Did you receive security deposits with interest and pro rata rent for the month at settlement?

So for $400 they can buy 1% and depending on the rental rate of those homes, they receive the applicable % of the monthly cashflow as passive income.

However, I received some feedback from one of my partners that the play here would be for an investor to subdivide or re plat the land for a multiple tenant situation.

Should you run into an issue with said tenant and need to evict or should city know you placed them in there, you expose yourself to potential fines. 

I received my desired density and $1.3M in imputed equity that recently allowed me to finance the construction at 87% LTC through a bank.

In reality, the neighbor can definitely get rough, but its fine to walk on the street there during the day and in some parts at night.