That would be an amazing idea!

IMO I want a 5+ balloon, but if the deal is right will do it with a shorter.Find out what she is looking to do though if she needs a downpayment for a house in Tampa that will be an issue that has to be addressed some how. 

Let me know if you are in Grass Valley area next, maybe we can meet for coffee. 

Now they're ears deep in IRS notices requesting that 2553 to confirm S corp, but really....they shouldn't be an S corp at all. 

It’s hard for me to move because I have a kid in a good school district so that might now longer be an option for me

Most of what you suggested would be an arms length transaction and wouldn’t pass underwriting anyways and cost time and money to do the deed transfers and such! 

My family and I would live in one of the units in order to be able to do this, and there would be an additional 3 units in order to get the full amount of the FHA loan. 

My understanding is that in this method, the seller has to be an owner.

If you mean this past March 2024, conventional financing wouldn't be an option unless you wanted the LTV to be based on the purchase price of the property.

A few of the meetups charge, but there are a lot more that are free and just take place in locations like coffee shops + bars.