Many in the building industry had hoped the next generation of flippers would embrace building performance & remediate the ever aging poorly performing housing stock.

Higher Deposit (Down Payment) for Favorable Lending:Offering a higher down payment, like 30%, often does result in more favorable loan terms—lower rates, higher loan-to-value ratios, and less stringent underwriting.

@Tanya Maslach,When you take a distribution from an IRA, you are subject to ordinary income tax, plus penalties, if you do it before reaching retirement age. 

Also I am 23 years of age, I deem it necessary that you should know this before hand as I don’t have time to waste.

The benefit of going conventional is being able to purchase an MFH without the stringent property guidelines, self sufficiency test, and longer escrow on an FHA loan. 

This documentation can be invaluable if any issues arise later.What to Do if Applicants Don’t Have ReferencesSome applicants won’t have any—or limited—rental references, usually due to their age or being prior homeowners.

Fast forward twenty years and (maybe a $100M in cumulative real estate transactions later) and I'm still advising investors on asset management, typically focused on real estate as an agent OR mortgage broker, but conversely with clientele of my own age group with similar goals. 

College kids and someone of that age under the same roof tend to butt heads....Here are some key things I've learned after 4 years of landlording/house hacking: 1.

“Asset protection” to be most effective AND cost efficient should be set up taking into account the individuals assets, occupation, potential liabilities, age, and family status.2.

I saw from a young age that, if you want something, you could just get money from the bank.