@Brandon PomerantzThere is flexibility when taking out retirement funds as a result of the cares act.You can pro-rate the income over 3 years.You can treat it as a loan instead of a distribution.One potential negative is that if you consider taking it out as a distribution it would be taxed at both federal and state tax rates.If you have rentals now and the distribution will put you above $150,000, you may lose being able to deduct the rentals against other income.It is hard to say yes/no to it being a good idea.

@Kuriakos MellosWell you have flexibility which is the nice perk of seller financing.

So would this be a good idea to give tenant flexibility to host airbnb on the unoccupied rooms?

I’m pretty happy having the flexibility of renting and just keeping props as investments.

If you are working with a HML, they are usually more flexible.

I planned to try and have flexibility with the seller’s desires.

Loved the location and the price gave us the financial flexibility to invest in rehabbing the properrty.

Kyle,My experience has been that for Single Family, non owner occupied units, 20% down will work,multi family  2-4 units require 25%. but those are with conventional lenders.As others have mentioned, look around with more investor friendly banks/ credit unions.You may want to add a mortgage broker to your team and work with them to search for more flexible lenders.Good luck on your journey! 

Keeping the mortgage payment low was also a big deal for us and having the flexibility to rent by the room (or not) was a huge deciding factor.

Do you think community banks would be flexible on having a co-signer?