Keep in mind it is a lot more hands on than your traditional rental.

Hey David, the type of loan your wife mentioned isn't available in the traditional lending market as far as I'm aware.

This deal with originally purchased through a traditional loan.

Cut cable, Starbucks and door dash out.

I've financed foreclosures before it just has to be in worthy condition for traditional financing.

There is no DTI when it comes to these investment specific products if you’re worried about not qualifying with traditional products, talk to a investment, focus broker who can help you we out the options and leverage with a DSCR loan

@Gary KaneSelf-directed IRA allows you to invest in non-traditional investments such as real estate.

Ok, if I understand everything I need to do correctly (from the above answers and other info), this is my plan so far:To do now:Set up a Solo 401k (with Mark, Brian, Dmitriy, or someone).Set up 6 bank accounts inside the 401k: "pre-tax", "Roth", and "after-tax" for me, and those same three for my wife also.Rollover my Traditional IRA funds to my "pre-tax" 401k account.Rollover my wife's old 401k funds to her "pre-tax" 401k account.In-plan rollover of both of our "pre-tax" 401K funds to the "Roth" 401K accounts (tax will be owed).2016 Employee contributions: Transfer $18k from my business account to my "Roth" 401K and $18k to my wife's "Roth" 401K.Also transfer a small amount from my business account to my wife's checking account as the remainder of her pay (maybe $2k).

It's a traditional 401(k) plan covering a business owner with no employees, or that person and his or her spouse.

And most agents are simply terrible at understanding or discussing non-traditional purchase options.