Happy to chat to you about those first tie home buyer programs.. some of them require almost no money down!

Will they require all members or just one?  

If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

Most simply, let's assume you do a cash out refi for $336K and the interest rate is 7.00%.

That will require that wholesalers become licensed agents.

And if you want SBA financing, they're going to require this anyway.

@Akil MitchellFrom my experience, when buying a property, it's crucial to assess local building codes, potential de-conversion costs, and permit requirements.

While this approach often delivers the highest returns, it does require a significant investment of time and effort.If your time is limited, consider turnkey providers.

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

I find little reason to pay for a service when it takes so little time for us to simply split the water bill as agreed when the tenant signed the lease.