We are a group and one division do wholesaling,  we buy from them all the time and Multifamily buildings too.

One isn't better than the other, each one has unique pros and cons, unique risk elements, and can serve as a viable piece of the wealth-building puzzle.

Hi Tom, This is a unique situation - some lenders may allow this as a departing residence excluded from the debt to income ratio. 

Collaborating with Jeff Dildine, who sourced the deal, enabled us to tap into unique opportunities.

Collaborating with Jeff Dildine, who sourced the deal, enabled us to tap into unique opportunities.

Collaborating with Jeff Dildine, who sourced the deal, enabled us to tap into unique opportunities.

It is similar to Florida.Maybe consider whether a non-PM real estate company may want to have you work on starting a PM division OR just hang your license, learn the PM business through narpm.org and then get ready in 2 years. 

If it is, go to your city’s planning division and tell them your plans to add a bedroom and see if your existing septic tank is big enough.

My idea is to purchase a property with a division (or the possibility of one) so I can place her in a small apartment 1/1 and rent the rest of the house to offset the Mtg as much as I can.As things are today its been impossible to find something that covers it all, Im seeing that I would still have to come up with some cash every month.I met with a lender yesterday and he presented to me an option for a 5% down loan.

Your IT background will give you a unique edge in analyzing deals and managing properties efficiently.Final ThoughtYou’ve got the passion and the drive, Anne Marie.