As a second mortgage.As to parents, there can be an issue when the name on the note and deed of trust is the same last name as the owner/borrower, a lender may view loans between family as not being at arm's length or valid.

The only difference between a quit claim deed and a general warranty deed is the promises made by the seller (grantor).

Thomas Stanley, author of "The Millionaire Next Door", "The Millionaire Mind", a few books on selling to the affluent from the 1980's that are still valid today - his last book was "Stop Acting Rich" - a very good book discussing how high income/high spending/low investing people live compared to the real millionaires who tend to be medium-high income/low spending/high investing.

& Notary Fee: $100Demand Fee: $0Prorated Property Tax: $1,613Doc Transfer Tax: $466City Transfer Tax: $0Commission: $20,116Pest Inspection: $50Termite Work: $0Home Buyers Warranty: $400Natural Hazard Disclosure: $125Homeowner Assoc.

Is this a valid argument?

Spray applicated I no it has at least a 50 year warranty I will get the name of product for you

You also validate via a questionnaire whether the potential lender is "accredited" vs "sophisticated" another big topic in and of itself.Each state has variations of how many accredited vs sophisticated investors you may borrow from.

But, how exactly is your contract worded, is a warranty deed specified, and did you use the standard FarBar PA?

Looking to ramp up marketing to 3-4k once I can work the leads effectively.Also, I figure that the leads will want to check out my business website to validate that I'm not fly by night.

Roy N.In comparing expenses between MFHs and SFHs, you're assuming that the alternative to buying 1 x four-unit is buying 4x SFHs....I don't think this is a valid assumption.