This will protect both you and your potential partner.

I know one of the main qualifiers is it has to be owner occupied - which is fine.Will there be any issues with this second purchase being in the same town as my first MF home?

I have a hearing next Friday, and I’m unsure how to handle this situation.

@Nicholas L.So purchase is around $1.2m with renovation budgeting around 200-300k, ARV is right around $1.4m with some recent sale records for market comps.

I've been on this platform and learned so much from fellow investors.

Pace Morby and others have groups/books/podcasts/etc on this topic. 

I learned this lesson the hard way when I bought my first investment property off market.You need tenants who stay for many years, pay rent on schedule, and take good care of the property.

If this is your first deal, you're likely going to have a rate in the 11%s with approximately 3 points...give or take.

You posted this in the wholesaling forum also.

Ask yourself this, if you were a buyer or seller would you want to list your home or get help buying a home with someone who does this as their second job?