@Gerald Valentin when doing my flip, I just contacted my regular insurance company and told them I was buying a second home, that I'd being doing some renovations on and it would be vacant during this time.

However, I'm working regular job and am in higher tax bracket.Can someone provide me with lender options for IRA refinance loans?

(arrow in the direction of the house)This worked great for a recent deal for me.The reason it works so well is regular investors won't buy in this neighborhood, but contractors, small-time investors, etc. who live and work in the neighborhood will see it, and they're not afraid of the neighborhood.

(And I'd also like to throw into many hair brained proposition that I become a regular personality on the podcast and I have studied television and radio even interning w MTV News)But, hey!

There are two buildings almost identical.

Account Closed Thank you, I hope to be using BP regularly to help me achieve my goals and help others in the process

Either way, 2-4 units are still considered single-family for lending purposes (with some minor differences, but I won't go into all that here), so you can still use your regular lender.That said, I've been using Brandon Sparks from Barton Creek Lending Group for my last few loans (small multifamily and condo loans), and he really knows his stuff.

The upper units get mostly the college students and the lower units get the regular renters from the Waukesha area.

@Christopher IafeliceThe other low down payment option would be to use a regular FHA loan, 3.5% down, owner occupied up to 4 family homes.

Let's say there is the identical property in Phoenix AZ, same 1550 SF, same composite roof, same stucco exterior, except that rent is $1000/mo because it is in Phoenix.