In Milwaukee, WI all the property around the UWM campus is mainly used for student housing, and because a lot of parents purchases these houses to lower the child cost for housing there are a lot of sales in this area.

I am turning 24 this year and am ready to move out of my parents house lol.

You might have trouble finding something affordable and near great schools.A few ideas, though:Go to greatschools.org and actually find some great schools you'd like your child to attend.

I believe you can close on the first purchase but your interest will be subject to the lack of government approval for the subdivision of the parent parcel. 

7 months ago I found out my wife and I were going to have our first child while this is super exciting I immediately realized the need to transition into a career that allows me to build generational wealth and spend time with my family.

Your goals and story: Goal is to buy a duplex or triplex.Type of property: duplex or triplexLocation of property: Ohio, or Pa.Purpose of financing: purchaseType of financing sought: Not sureOccupancy: owner occupied – live in one unit and rent the other unit outValue of property at present and/or your offer price: $ 120,000After repair value: $ naAnticipated or actual appraisal issues: no, Current rents per month: $ 700Fair market rents per month: $ 700Down payment or equity: 5 % or 10 % down Source of down payment funds, if applicable: own fundsIncome Source: retired, Gross monthly income (optional): $Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $0FICO: Excellent, .Credit issues: Additional details: Looking for Stated income or Alt Doc type loan

If you are legally married, you can still be considered unmarried in the eyes of the IRS if you didn't live with your spouse for the last half of the year, you file separate returns and you live with your child, including a stepchild or foster child, who you can claim as a dependent.

Talk with family first(wife and any parents or aunts and uncles).

My lender whom I trust, was certain that the underwriter would not sign off on my loan because I am having my parents co-sign with me so that I become eligible to purchase.

I grew up remodeling homes with my parents in what I would call "long-term flips".