I have one roommate willing to pay half the mortgage, so I am trying to figure out how to structure my deal.

VA loans are the easiest loans to use with installment contracts since they were assumable, which means that with the interest rate being assumable, the lender lacks the basis of the interest rate risk under the due on sale clause.It's easy to check with the lender, just ask if the loan is still assumable.

I understand the net profit amount would be higher if we continue to leverage and scale, but there is something to not having a mortgage on half or all of our portfolio that interests me from a psychological standpoint.

I’m much more into this than she is lol she’s not against it just doesn’t push for it like I do, in addition to the fact we will cut our possible mortgages in half if we both go on the same one)My realtor is pushing for us/me to look at more expensive multi’s as there’s less competition and potentially bigger returns.

Hi @Joel OhTo be considered a Real Estate Professional you need to meet the threshold of 750 hours annually AND more than half your time.

Your contractor wants to make money for THEMSELVES by selling you the most expensive and easiest option for the CONTRACTOR.

This means if you need cash you can remortgage just one property to access the money instead of two, cutting fees and work in half.

We have already raised half of the money for the community on bank notes with friends and family, we need another $150k before Aug 1st.

You'll probably need portapotties on the site anyway for construction workers.If you aren't opposed to single or double-wides, that would be the next easiest considering foundations, sewer water, and permits are all possible . 

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.