If you come across a deal like that give them the number that would work for you and maybe you can strike up a deal. 

https://www.biggerpockets.com/forums/109/topics/1213369-seek...I'm hoping to go from 0 (doors) to ~20 in about 5 years or so and from what I'm seeing here, it's a promising and likely endeavor with some patience, organization and a good team.TFR :)Fareen

Its like buying the most expensive parachute for your flight on a United 737 flight.

He liked the information and got some value.  

@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.

In fact, right now Prop 33 is being voted on in this year's election.Other states like Texas and the Carolina's will be a little less expensive, so you can put less down.

You can use services like LegalZoom, ZenBusiness, or Rocket Lawyer if you want a company to handle the setup for you.

They may go down another point or so in the coming year and they may go up 2 points in the next 2-4 years (who knows).A model like that will give you an idea of how the ARM will perform against the certainty of the fixed rate.

I would like to use it as a vacation home as well. 

This is an ongoing debate amongst landlords because there is a risk of the recipient of the child support not being paid at all—it happens quite a bit.If you are a landlord considering counting child support as income, you want to look at the things like the court order and when payments are received.