@Chris Seveney this is your area of expertise Thanks Russell.If you do not have the funds, then you will be mercy of the foreclosure auction and hope someone bids more than what is owed on the first and you would get the overage.I guess my questions are:1.

I can borrow $100k of it to add as additional down $ and I'm pretty sure a 401k loan won't show against my DTI, but then it will show as less assets (unless a 401k doesn't get really factored into everything since it's usually unaccessible). 

I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

And he usually agrees with me, then gives in to her.  

You may want to consider hiring an agent that will place a tenant and allow you to manage from then on.

But if your family instead was going to use it often, then you pivot from looking at it as a pure investment to looking at the value of your family’s togetherness and happiness.

I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

Are you looking to get an investment property at 20% down or a primary residence you can house hack (rent the rooms in the house you are living in), or a primary residence (better for people who are married/have kids/don't want roommates) where you live in it for 12 months then rent it when you buy your next property to repeat the process.

I started with house hacking, purchased my own rentals then grew to a 7-figure portfolio.