What are they contributing currently?  

Luckily I redirected most of my 401K would be contributions (match only) to non-qualified account then jumped into RE.There are some parameters that need to be set. 

Before the lottery, I had contributed to a legal fund.  

Let's collaborate and learn together.Thank you all in advance for your contributions!

@Zachary PetrakYou would need to refinance to a DSCR or traditional loan to pay off the private lender and seller financing.This important to get the buy price and construction costs correct otherwise you will be upside down and not able to refinanceThe other option is to partner with someone and give up equity for them to contribute funds.

On a long-listed property not only can this work but the agent/broker may agree to contribute (or discount) some commission to make it work.

On the other hand, repairing and holding could increase the property's value, improve rental income, and contribute to long-term wealth building.

Assuming I could qualify financially (primary income plus FHA allowed rental income contribution from additional leased units), when I become the owner of the property, would that prevent me from using a FHA 203b to house hack a second property?

I do not plan on discontinuing my monthly contributions to my investments in the stock market, nor want to pull any money from existing investments.

Further, LLC will qualify for formation of solo 401K, or even defined benefit plan with extraordinary tax free contributions if you’re over 50.