It's about saving yourselves people. 

Most out of state investors are better off just acting as private lenders, buying low cost index funds or keeping their money in HYSAs.

And YES, carriers will 100% do that because it will save them a TON of $.

Principal Paydown:  Cash Flow:  Tax Benefits: Savings from depreciation and interest deductions.For a deal to make sense, at least three of these components—home appreciation, cash flow, and principal paydown—need to be strong.

., you will come out on top just take a bit longer so you need to underwrite that in mind.If the former, I would do a combination of fixed income, private lending, and note buying and trade the arb.

Another option would be working with private lenders to see if they're open to your idea should you need additional funding. 

ID=Legal-Update-Save-Mone...

I will charge a rent of $850 for the other 2 rooms and $1,100 for the basement (because it's more private with it's own bathroom).

I have $25K cash for a down payment and can add $20K/year ($1,600/month) toward payments.No W2s, I've looked into building a small home right away and using a bank statements loan (have about 8800. monthly income) , but with 9%+ interest rates, it’s beyond my budget.Is there any sort of creative financing ideas possible or private lender possibilities?

Investment Info:Condo private money loan investment.