When I pay another Brokerage a co-op commission, am I supposed to be 1099'ing them?  

Also 3)not sure that would work at all if a co-signer is needed.

(that's one way to have your way - little creative - but it works once you understand the necessary steps to achieve that transaction.On above try to get additional collateral and a co-signer - YOU WANT security - you want to make those notes attractive - esay for a seller or note discounter to accept.Build in a balloon payment - contract candy for end note buyer makes the  balloon attractive. 

The IRA does not need to be a co-purchaser.

Hi, I kind of gave up on the idea of house hacking within my area because of a few factors:High prices in NY for not much value in my opinion.Currently like where I am living and am a bit stuck there due to it being a co-op and gf not being able to rent place out for more than 2 years at a time.Then I thought:FHA loan could allow us to buy a higher cost multifamily property (if it makes sense) for very little down, and use a 203k loan to force a bump in equity if done right. 

As to insurance, there are several ways, you can be added as a co-insured, you can be listed as a loss payee (but doesn't insure you) you can be indemnified of insured losses through you contract with an assignment of loss proceeds.

Dad/co-signer makes $220k a year.They said we would have to put 25% down FHA and 30% down conventional even though I intend to owner occupy because I would have a co-signer on a duplex and this isn't my first mortgage. 

a) what kind of company {dba, llc,corp}b) research company reputation, licensec) get a formal request from the CO with a commitment that the CO is a CO-SIGNER, co-leaseed) the applicant guarantees the lease.

This deal dies quickly if you are paying 20% of the monthly rents to a manager.Vacancy - We always signed our tenants up for 12 month leases backed by a co-signer.

Since her Mother WAS going to gift it I thought the best bet would be to put the Mother down as a co-signer and co-purchaser of the home.