More Profit here.So you borrow $200,000, make monthly payments of $1170 yet add a guaranteed $2400 monthly revenue, and collect $60,000 at tax time from the 30% tax credit.

The borrower is not a disqualified party (e.g., your spouse, parents, children, employer, etc.); You do not receive perks (e.g., free rent for one of your motor homes ) as a result of the IRA investment; andThe IRA receives a fair promissory note interest rate. 

Hi, I'm new to the site and would like some clarity on using an FHA loan for a multifamily house hack in my local area. I've read a little into FHA loans (3.5% down) and FHA 203(k) rehab loans. I understand they can b...

A metal detector is helpful in finding buried pins (I have one to borrow).  

We would repay money borrowed with interest to my inlaws and then they have already said they would like to reinvest that again with us.   

As @Chris Seveney rightly points out, if we have a UPB of $1.04m and a property value of $2.0 the borrower should have some capacity to sell the property or potentially refinance.  

A paying borrower may from time to time have life events that prevent them from paying and may also require advances from a Mortgagee.  

Borrowers have the option to pay the fee upfront, or can include the fee into their monthly mortgage payment."

Either way in that situation you make your goal.I had a lender one time tell me they underwrite 50% opex regardless of sellers numbers because if they take it back from the borrower because of default they will not be managing themselves and they also could not run it as efficiently as the previous owner who sold it to their borrower.Underwrite conservatively for standard industry practices.I don't buy anything on the if the (everything goes right) scenario because if it doesn't you are up the creek.   

I own a few notes and I am yet to find a lender who will accept an existing performing note as a collateral to borrow money against.