Sterling,Each lender is different on how they calculate income and also what overlays they have that can cause a bad income calc. 

Paulette, it is good to call out these bad contractors and unfortunately you are caught in a bad situation on what to do, start by a small threat that you will contact the BBB and report a claim if he does not show some progress, or if you know an attorney, maybe a simple letter from one may get him worried and he may start showing up.

Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income. 

Also I can start with 50K inital investment rest is financed & maintenance will be free for first few years is what he said.I have seen some very bad reviews for the old Clayton Morris firm but not many reviews for the new Josh Gilmore (josh@sdirawealth) SDIRA wealth firm.Has anyone done recent business (2023 or 2024) with SDIRA Wealth?

I can't remember the cost, not too bad, but no phone callsI sent out 1,000 mailers (letters) I designed in envelopes a week for a couple of years and made a ton of money buying properties using "creative finance" some call subto.

If you need me delete my posts I have no problem I am not trying to give you a bad review.I was offering my opinion based on knowing you are "Not a lender" so for me seasoning and being familiar with guide lines is crucial in offering an investor the right guidance and direction for financing.

Also not all deals on FB are bad deals - they just need to be vetted like every other deal.Note: This post is being made based on my opinion and I was not under duress or a threat of lawsuit.  

Not a bad return.

Tell her (your attorney said if your afraid of being the bad guy) your unable to comply with her request, but you will let her know when the new unit is ready to move into.

The units are very utilitarian, in the first listing there are only 2 art pieces in the living room, they are too small for the wall, and they look like they were ordered off of amazon which isn't necessarily bad but it also doesn't stand out.