Because 0-5% down does NOT happen unless you are owner occupying the home.

Here are some key takeaways from our experience flipping homes and running a renovation business in San Diego.1.

Have you leveraged lines of credit, private lenders, portfolio loans, or other creative financing options? 

The typical term of this loan is 12 months and rates range from 10%-12%.

Also, would a home warranty be a smart move?

But IRS allows an IRA to be invested in anything except life insurance and collectibles.

We've worked with local banks and been able to finance the three we own without any issues.I don't necessarily know if it's "beginner" investor friendly but you'll learn everything you need in the bootcamp which is the gold standardWe get loans with 3-7 year balloons and 25 year amortization typically

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

Highland Homes also purchased some from D32. 

As a loan officer at Aslan, I'm excited to connect and offer insights into financing options for real estate investors.