Any unused funds from the engagement fee are typically credited to the borrower at loan closing, reducing your total cash to close.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

With that said I feel like I significantly improved my position and reduced my stress..Being  high income earner is great, but the goal is what you keep and what you spend.

If your objective is to reduce your own tax burden, you are in essence confirming they have no valid AP claim.

Another key benefit is diversification; an SDIRA allows you to include real estate in your portfolio, reducing risk by spreading your investments across different asset types, which isn’t possible with a standard IRA.Moreover, assets in an SDIRA often enjoy protection from creditors, adding a layer of security to your investments.

Then ask them what your options are to reduce payments in the future.

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.

Also lower your rent a bit ($1300) and reduce your deposit to $700. 

Freddie has similar intricacies, but also does not require a two year history of receipt; https://guide.freddiemac.com/app/guide/section/5306.4If you can use the rental income to drive the DTI down so that you can reduce the down payment similar to that of the FHA product, the benefits of the conventional option will outweigh the FHA option, as I'm assuming you have a strong FICO based on rate quoted with no points.  

Focus on optimizing the current fourplexes (improving rents, reducing expenses).