It was great to get our heads in the game, and got us to move quicker to get a house (since we were basically forced to get a pre-approved loan in order to tour houses...).

Further, the property may qualify for larger loans based on the increased cash flow ability to service debt.  

Private mortgage insurance i believe is not charged on va loans.  

From a leaky roof to a backyard jungle, it was a crash course in problem-solving and patience.I bought it for $145,000, powered through the chaos with a hard money loan, and sold it for $180,000.

My plan is to put 5% down on a 30-year conventional loan and have the rental income help cover part of the mortgage.

No back payments due, but there is a HUD loan for $7k from a previous forbearance.

There are 10% SBA loans to purchase businesses.

You can probably just go ahead and live in that 5th unit, but I believe whenever you go to refinance it with a bank or what not, the 5th unit will make it require a commercial loan and not residential regardless of what the county records show the property to be. 

@Tina Artigliere@Alicia ProkosFor these Quest Solo 401k plan account holders, what is essential is to find a new Solo 401k plan provider who offers a Solo 401k plan with the service and features that the account holder needs such as Solo 401k loans, alternative investments, Roth and Mega Backdoor Roth Solo 401k contributions, 5500-EZ & 1099-R preparation and filing, etc.The process entails restating the Quest Solo 401k plan where the Quest Solo 401k plan documents are replaced with the Solo 401k plan documents of the new Solo 401k provider. 

@Robert QuirozIf the owner already owns the property without a loan they can cashflow the property even if rents are below market.