I spoke to 2 brokers I normally work with an nothing.

This is not normally allowed as in syndications they don't normally allow people to buy out other limited partners.Worst case it gets kicked out of the IRA (divested) and I lose 150k of tax free money out of my IRA.   

@Elijah Crew, not sure that most private lenders will do 100% financing, most want to see some skin in the game.

Sure properties are more expensive to buy but if we were already in the game we got a ton of appreciation and I feel this is a new normal not bubble in my area.  

@Ben BeThe great thing about working in the NYC market is that we are normally compensated very well.Furthermore, the pro side of working a lot of hours is that normally our costs are 'low'.Most large companies in NYC provide dinner to employees and a ride home.This all allows for increased savings towards down payments on houses in low-cost markets.Best of luck!

@DongHui PatelYou may want to ask the sponsor what filing a composite means to you.Most GP's will not do a composite filing on behalf of an investor/partner unless they instructed it to them.Furthermore, composite elections are normally not done in the real estate space.Talk with your CPA if you should be opting into the composite elections.Best of luck

style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-family: "open sans", sans-serif; font-size: 1rem; font-style: normal; font-variant-caps: normal; font-weight: normal; font-stretch: inherit; line-height: 22px; vertical-align: baseline; position: relative; overflow: hidden; caret-color: rgb(52, 65, 77); color: rgb(52, 65, 77); letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration: none; height: 296px;">Who knows about the laws and rules regarding the # of units within a condo that are allowed to be rentals vs. owner-occupied?

In an owner finance situation, I normally pay 0% interest, but I am willing to pay a higher sales price in that scenario.

We get an occasional duplex or quadplex, they are normally good deals.

The bulk of the building will normally be owned by the association but you may own the interior sheet rock, cabinets, fixtures, etc.