That way IF you need to borrow, you can.

On the one hand, you shouldn't boot your family out of your current house if it's a good fit, but on the other, $418k may be a lot of debt to carry as an investor, since your DTI ratio is going to be a critical factor in how much you can borrow as you start out as an investor.

I borrowed it free on my phone from the Philadelphia Free Library.

Would you borrow money at 10% probably not unless it was hardmoney on a very short term loan.

I am wanting to know about any issues you had financing the deal. pulling your equity out of the property, borrowing against it through a bank. basically the good the bad and the ugly with this type of investment. 

If a borrower caps out on ratios an increase in down payment can change the outcome.

Loans are also different as you no longer can borrow through conventional loans. 

The backbone of our economy is built on leveraging/borrowing.

Late in 2019, Fannie changed their reserve guidelines to include the following tier: 2% of the aggregate unpaid principal balance if the borrower has 1-4 financed properties 4% of the aggregate unpaid principal balance if the borrower has 5-6 financed properties 6% of the aggregate unpaid principal balance if the borrower has 7-10 financed propertiesHow long does it take to close on a property?

Right now I am looking into a structure like this:-Borrow from an individual with an IRA -> convert to a SDIRA-Make loan interest and principle payable at the end of term (because it's an IRA)-Structure similar to a construction loan with monthly drawdowns of about $5k for the highest probability of success with direct mail-Possibility for an equity component: pledge a percentage of profit along with normal interest in the promissory note (a joint venture)Would this be attractive to a potential investor considering I am wholesaling in California and the average fee is $15k-$20k on the lower end?