Short-term sacrifices and delaying gratification will bring you abundance later in life.Definitely take advantage of your first-time home buying benefits and consider house hacking a duplex or 4-plex.

You are looking for a Hard Money loan.

going to depend on age of house how extensive updates, etc, etc, etc, there is no short cut number that will work 

All in for $320,000 have a loan against it for $375,000 and worth $650,000.

Almost anyone that owned a house in Southern California for more than 10 years is likely accredited (but they may need to move money around).  

How does the loan process work without proof of income and what percent down is required? 

Hey @Michael Lee, we just completed another six-plex loan in NY last month with similar terms for our client.

Have a bunch. key piece is are you doing it in your personal name or in an LLC with a commericial loan.

Then you get a call from Pro Seniors or Housing Opportunities Made Equal.

Vegas is great for rent-by-the-room style house hacks and MTRs.