After half a lifetime of working and saving and investing in index funds while renting, im ready to make the jump into a new asset class.Looking to owner-occupy a multifamily in the city of philadelphia and hopefully pass a portfolio on to my kids someday.open to any and all advice!

Most properties get continued from sale 4-8 times before a final sale and many get resolved so the list is kind of just a guess at what is coming.They are cash buys, 10 percent down at time of auction and the other 90 percent due in 7 days I believe, or something close to that.

This certainly makes the 1031 option (when available) all the more important, since it is now shielding you are 30-ish percent, instead of 15-20%...Not to say it isn't worth it, if you actually qualify, but something to understand, particularly in syndications where you have no say in hold, refi or exit.

Less than .1 percent of real estate agents are really investor-friendly and invest themselves.

In case you don't know, it's 10 percent down at time of sale and the rest due in cash in 10 days I believe.

Also what percent is the funding fee, 3.5?

Might even get your a lower rate if it increases your downpayment percent. 

The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income. 

Even if it never happens in my life time, you still have to build for it.

I invested with Summit Capital in late October of 2022 as a 50 percent owner.