Is it better to use the same insurance company for quantity price break if any?

Banks aren't big fans of vacation rentals yet and would rather see a lease signed for $1000 a month than have $30,000 in pre-paid bookings (but what if they cancel?!?!)

The realtors aren't the problem...when a buyer tells a realtor they want utilities turned on it's a HUGE red flag that they are dealing with a novice..everyone knows that utilities are NOT going to be turned on...

If you aren't going to occupy, 20% down is minimum, and better rates come with 25% down+.Hope this helps.

Review it careful and make sure you aren't agree to something outlandish like possession days after closing or $1,000 non refundable EMD, etc...

But it seems like it falls through or people aren’t necessarily as serious about it as I am 🤔.

Worse case, if plan for the upside portion aren't approved, I would still see $400k once all is said and done.The only thing I am a little concerned about is the over-all political and economical climate of things in New Jersey... although this particular municipality has weathered the financial turmoil of the past exceptionally well due to proximity to NYC, etc.Is anyone on this site still playing in the New Jersey speculative market? 

To get the cash out of these IRAs, can he loan me his IRA and I loan him mine and then cash them out, due to the fact we aren’t prohibited members?

I’d ask whoever you are interviewing if they think you should be buying stocks right now and if they say yes you know they aren’t a good financial advisor.P.S.

If you want to begin scaling up, 2-4 unit buildings can still be leveraged with residential mortgages but lenders will require 25% Dow if you aren’t occupying one of the units.