With retirement sthill in mind I figure if I can save up 2k a month I can generate enough saving twice a year for down payment on a rental property, create passive income there and once I have built a ness egg for myself then start my TSP back up but at this point I will have residual coming in and my debt to income ratio will be low.

Brrrr is tough since everyone does it, plus construction and contractors are booking right now.The lower budget stuff gets gobbled up by people that have no idea what they're doing or sellers won't take low-ball offers.

100 seems low for per month unless it has a very low assessment.

.), ]  age building (year of the most recent updates to roof, electric, plumbing, heat can help on old buildings),   limit for the value of the building,   whether it is Replacement Cost or Actual Cash Value (RC vs ACV), size of the deductible,   claims history of the property,  etc.You should get an individual quote for the most accurate rate.

Low money down.

@Bosko Mijatovic take a moment and consider if you really want to partner with a family member, especially with such a low FICO score.

I'm relatively new to real estate so I'm hoping you can offer some useful insight.Applicant 1: Excellent credit, low debt-to-income ratio, upper-middle-class income, very little available cash in bank account (cash is mostly in stock and retirement accounts)Applicant 2: Mediocre credit, better-than-average debt-to-income ratio, middle-class income, enough cash available to almost buy home outright.

Or, you may take advantage of the owner occupied FHA loans that have a low down payment. 4-plex's are eligible.

My wife and I currently have an investment property in the Elk Grove area with 140k in equity and a home in North Oak Park with 90k ish in equity that we're currently airbnb'ing but would prefer to not have to go through the hassle of refi or pulling cash out with a traditional bank/credit union.Both have credit scores in the high 700's, low 800's and debt to income ratio of about 25% with a potential of being closer to 10%-15% if my wife finds out she passed the CA Bar this upcoming Friday!

Also your insurance and electricity budgets seems on the low end but I may be biased to that because I live in a place where insurance rates are insane.