I guess paying cash has to do with feeling like I won’t qualify for the financing I wouldn’t need.

  - being able to use projected rents when purchasing a multifamily to be able to qualify- ability to convert properties and increase or decrease units@Abel Curiel - you are correct - rates tend to be higher- normally 1/4 to 3/4% higher depending on factors and timing. 

Devyn ....in order to qualify for a FHA loan ( or any loan )  ...you will need to be able to  qualify for the loan ...do you presently have any employment / income that  would be usable for qualifying purposes ?

I do not have time or skills to rehab the house, so I guess I have to buy properties in good shape.

These programs are much more lenient and allow Alternative income streams to qualify such as: Liquid Asset calculations for incomeBusiness Bank DepositsPersonal Bank Deposits Expected Income New Employment income1099 IncomeCommissions & BonusesAccount ReceivablesNote Receivables Contracts for future incomeNew Rental IncomeExpected Rental Income from property planning to rentConsiderably different calculations on Tax returns 

It’s for vacation proterty my understanding is I have to owner occupy to qualify.

There are plenty of qualified tenants that do not work for Intel.

I have the assignment contract ready, a small buyers list, my marketing skills on standby.

.- Income from sources that can't be used as mortgage-qualifying income can of course certainly be used as assets for additional down payment.

I have the assignment contract ready, a small buyers list, my marketing skills on standby.