Going to repost and remove what they called Self Promotion:Ok, several things to consider but buying the rate down is NOT a way to earn more money for your lender.

I am wondering how best to truly know that one’s developers will produce what I expect, windows are usually a given😃 not all that happy with this extra thousand dollar excursion but I have definitely learned much.

You certainly earned your freedom from your W2 job & in a relatively short timespan. 

I just got quoted $160000 for a four unit plus in law in Brookfield including permit and all related fees. for an extra $3500 I can add two EV chargers, but will receive a $16,000 credit from ComEd.

That $15k adds an extra $95 /month to the mortgage that these buyers will be paying for the next 30 years, crazy.  

Yes, getting sued is a risk factor and I've been involved with frivolous lawsuits which are not fun, but in my opinion you'd be in a much better spot owning a property in your personal name that let's you keep an extra 10-20% of the purchase price in your pocket as emergency funds, as opposed to buying the loan under an LLC that requires every last penny you might have to make the higher down payment, then you have to operate on a shoestring.

.: You might be able to raise extra capital to support this project by listing the property for fractional ownership on lofty.ai.

you have to calculate the interest costs.and.... it makes zero sense whatsoever to buy something turnkey with that much leverage. none. you'll never, ever pay back the HELOC with the non-existent 'cash flow' from the property.just trying to be realistic. the market is unforgiving right now.would there be any tax benefits for loss of income on property to offset high w2 earnings?

However ever if the numbers are done correct, you can buy one for a good price, live in it for a few years then sell it at a profit ish (Covers what ever extra you paid into the unit) to then migrate to a home instead of renting.This is if you purchased at a good price.For investment only??

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?