Alternatives include seller financing, a lease option, or using an LLC or trust to structure the deal while maintaining tax benefits.

Here’s the winning formula successful local house buyers and wholesalers use to connect with sellers, close deals, and create win-win solutions:Be Relentless: Show up every day with positivity and persistence.

@Anthony Zotto I hope you purchased a good deal because it's time to go to work and establish a new order. 

How good of a deal would be needed to make this strategy work? 

Find a market, find motivated sellers, Hire cold callers and find deals!!!!!

So when you hire that able handyman and give him keys to all of the apartments and the security codes without learning that he is 90 days out of prison for breaking and entering and committing assault and kidnapping your umbrella coverage may not help.And, these days, a million dollars of coverage will deal with the contents of a small truck that you sideswipe and it bounces around a little with the electronics inside.

I would love to have some clarity and steering in the right direction as to the best source for FHA loan information and caveats, as well as any tips for a 22-year-old single investor planning on house hacking for my first real estate investment.

Most deals are 506B which accept non accredited

@Enrique Toledo  Any update on this potential deal and what you wound up doing?

When I see deals that do pencil for an investor, the LTV is 60% or less (I deal with mostly retail and industrial).