Any help is greatly appreciated.Thanks Depends on which closing costs you are referring to.

What exactly are you referring to?

I talk to my sister about it more into detail of how beneficial this can be and I’ll ask for referals for banks that can get me out of having proof of income.

If the 401k account you are referring to is from the past employer - you do have the freedom to move those funds into a self-directed IRA.

Attached is the image of CD.

When you say commercial RE are you referring to commercial as in office/retail types of buildings or multi family thg will require commercial financing?

If there is a recommended podcast episode that breaks this down, please feel free to reference!

So, the Appraiser’s fee is probably significantly less.As to the 2nd question- I’m not sure who you are referring to as “they,” but FYI, You (the Borrower) are not the Appraiser’s client, the Lender is.

For reference, the tenants pay 1200 a month, but fair market rent is 1800. 3) if the tenant isn’t willing to pay the higher rent, do I have the ability to replace them due to being the new landlord?

There is also the cost aspect when referring an inspector.