Yep, you have a good amount of options.

Hi Shane, I want to tell you something from my research because it seems that we've been doing the same thing when it comes to educating ourselves on RE.Given that you already have 20k, which is around half of the down payment, try to leverage family and friends as private money lender in order to complete the down payment.Second, depending on how long you had your primary, assuming that you did not cash out anything from the equity, you can try out this option ( no need to cash out all, just cash out the amount that you need to make this deal happen).just my humble opinion based on what I have learned!

I want to get him to understand if our monthly payment is too high, we don't have the extra cash lying around to fix up the other unit and get it to market rents.

I bought a 2 family back in 2022 I rented out the first side right away and then fixed the other side over the next year.

With properties, you can live in them for 2 of the past 5 years and waive a massive amount of capital gains taxes on the sale via Section 121. 

There are investors out there that put large amounts down, such as 50% or more and those that pay cash.

Partner and I are looking to do fix and flip deals through direct to seller.

This may lead to funding that can fix the problem.  

The Company was supposed to pay the new rent amount by January of 2024 but my mom hasn’t seen a dollar of it.

On a multifamily apartment building, getting a 30 year fixed for the life of the loan is possible and more available. 3.