. - The FHA 203(k) loan is a great way to buy a MFR as it allows repairs to be included in the purchase mortgage.

Quote from @Steve K.: One or two cans of this and you're all set!

I see folks who have Solo 401(k)'s, but only have passive income.

So really only need about 40 to 50 K if you really wanna make the other property cash flow well. 

Quote from @Nate Marshall: Quote from @Steve K.: Does he have a 'method' and a legion of cult like followers who refer themselves as a creature often used to make boots, wallets and belts? 

Quote from @Matthew Crivelli: Quote from @Jay Hurst: Quote from @Kristi K.: Quote from @Erik Estrada: They are technically more expensive than a traditional 30 year fixed. 

Generally, Distributions are paid from profits that have already been taxed at the personal-level since IRS Schedule K-1 flows through to personal return.

@Sandeep K MamidiWelcome to the dark side!!

I see the HUDS closing cost just to get the loans many times are 5 k to 15k so if those cost were brought down by say 70% and everything being equal that will allow these first time buyers or buyers for owner occ an easier time buying.  

Sold for $270 K on 10/4/2024120 S.