This is why I would never buy in a residential neighborhood where people live there full time as their primary residence, especially one with an HOA.

Originally, we planned for me to handle the down payment with my HELOC, and my partner would pay me 50% of the HELOC payment each month while getting his own mortgage for the rest (75% of the purchase price).But it turns out he couldn't snag a mortgage for the full amount.

I also had a hard time transferring money internationally, so kept most of it in Canada, and saved up for a downpayment while working full time here.

I actually did make an offer on a property that I should have written a lower offer for; they held on to the offer for a few days and then tried to get me to pay full price after they couldn't get other people to buy the property. 

I've been brokering full time since 2019 and have over 200 closings.

Cheers,LevinskiThese are my opinions as someone pretty new and zero deals done:Finding a mentor organically is best, paid isn't worth it.

Being a full time flipper gets a little crazy too.  

However, there are Non-QM loans that are either full doc or bank statement loans that will allow up to 80% cash out. 

When compared to renting out the full unit, this method can frequently result in higher overall rental income.Seek Professional Advice: If you're looking for advice, think about speaking with a San Jose-focused investment adviser or local real estate agent.

Run this by your CPA so they can include your full taxable situation.