From an internet search"Unrelated Debt-Financed Income (UDFI) is a tax that applies to an IRA when it uses debt"

You end up getting a wholesaler who knows little to nothing and has a massive ego which is a bad combination.

For example: Fannie Mae backs 25% of all single-family mortgage loans, including 1.4 million in 2024 alone and 21% of outstanding multifamily apartment mortgage debt (Fannie).

@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.

Early 2017 investment, assumable, high 3s fixed-rate debt with a 5-7 year expected hold period.

The views are breathtaking and offer some of the most dramatic combinations of beaches, dunes, rivers, lakes and mountains.

It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.

The low purchase price, combined with an established market demand, made this an ideal transaction for a fast turnaround and profitable outcome.

Some appraisers will combine the square footage and go that route and make adjustments.

Reviews are crucial for building trust and gaining momentum.Ultimately, while price can be part of the equation, it’s the combination of a welcoming, value-driven approach and strategic marketing that will help you stand out and build trust faster.