I know we can go as low as 5% down on our single-family home, but the trade-off there is a much bigger monthly payment.

She has "trade accounts" that get her discounts as all kinds of places for materials like flooring, fixtures, cabinetry, etc, so it nearly pays for itself.

My DTI is roughly 30% and I make a good 6 figures with my 9-5 plus day trading money so I know that I’ll be able to manage both mortgages, I just don’t know how or if I can go about financing this deal with little cash on hand.Any help or resources to look towards would be appreciated, thank you!

Once you get to retirment age you trade your equity for cash flow.

If the bank call the loan generally speaking your not going to negotiate any type of continuance of the loan. so you have your 4 choices.1. sell pay off loan2. write a check  ( its how we handled the 200 plus sub toos we did)3. refi 4. deed back to seller Yea that's what I was thinking - we are realtors by trade and invest on the side.

So I’m thinking to 1031 one of my rentals to trade up.

Most of the largest cities in the Midwest, includingChicago, Detroit, Indianapolis and Minneapolis, rank in the middle of the pack.Geographic and infrastructure advantages support leasing by small manufacturingand distribution tenants in these locations.However, limited population growth, or in some casespopulation losses, result in less robust leasing among smaller tenants in localconstruction trades.

However, as the owner you still need to spend more than 50% of personal services and more than 750 hours on the real estate business on your own.Alternatively, short-term rentals are generally treated as active business income and therefore are eligible to offset w-2 income.Navigating the Real Estate Professional Rules"When measuring material participation, a married taxpayer is required to count any hours performed by his or her spouse, even if the spouse does not own an interest in the business or if no joint return is filed.32 While this rule is advantageous because it makes it more likely the taxpayer materially participates in the real property trade or business, it is a trap for the unwary in the real estate professional context, as discussed below in Step 3.""

I'd like to plan a lot of the build myself but also looking for experienced contractors (architects and other trades) who can help with it.

While demolition costs are nondeductible, a taxpayer may claim a loss deduction when the depreciable business property is retired from use in a trade or business or from use in the production of income.I would strongly advice talking with a real estate focused accountant here to help guide you.