20% down payment will be personal cash that I’ll put into the LLC as a capital contribution.

Additionally, Milwaukee boasts a diverse and resilient economy with strengths in manufacturing, healthcare, and technology, contributing to a stable job market.

Thank you everyone who has contributed to this post.

I would ask her to offer you a 2% seller contribution (Seller credit) if you are buying it as an investment.

Although, still not sure about the split.I already have: - healthy 401k and I contribute the max- roth IRA- I own my primary residence (have a mortgage) - I own one rental property (with a mortgage), which is cash flow positive- I also have $30k in savingsMy plan is to continue saving and start buying other rentals.

If you want to contribute to redevelopment in some areas, mixed-use is absolutely essential to re-grow Main Streets and upgrade them.

In some cases, it may even generate positive cash flow, allowing you to save or invest the extra income.Build Wealth: Over time, the rental income from the basement apartment can contribute to your overall wealth-building strategy.

Make sure your advisor has a full picture of the contributions your rentals make to your finances and will make to your future finances.

I bought my first property with an FHA loan, and the real estate agent I hired offered to contribute some commissions to closing costs, which meant I was somewhere around $9k out of pocket to buy that first house.That was almost my entire life savings at the time, but the home was recently remodeled and this was in 2011 so home prices were very deflated.

Thanks everyone that contributed.