Specially with quitting a 9 -5, just a few things to think about

For example we specialize in multi family buildings and understand all the numbers that goes into a property.

I’ve found this to be some good bonding time for the tenants and myself and it’s an easy way to show that I care and respect the property in hopes they do the same!

My question is, does anyone remember the lender David mentioned that specializes in small multi wnd can close in as little as 30 days.

This rule is based on the Trinity Study, which showed that you can spend 4% of your nest egg and remain relatively reassured that your funds would last over 30 years (95-100% chance based on a 50% stock / 50% bond portfolio).

This is a real estate site where the chances of someone having a 50/50 stock bond portfolio are hopefully zero. 

You can't have more than one FHA loan unless you meet very special criteria.

Finally if you proceed with major foundation work, I'd make sure the contractor is insured and bonded.

Specially when using a hard money lender that charges you 12 percent interest only on loan.

Bad time to buy now, but keep looking anyway, you never know when that special diamond in the rough will popup.