Investment Info:

Office Space private money loan investment.

Purchase price: $120,000

Cash invested: $12,000

Office building for my real estate brokerage, seller carry for 5 years with a balloon. Com...

Have a meaningful conversation with at least 5 people at every meeting, and start building a team.

Some people get it mixed up.I haven't been tracking my conversions like I should just yet.

I finished up an hour long deep conversation with someone  and they tried to convince me why their decision to RENT and have the option of "being a nomad without owning anything" was the way to go. 

I was able to find that Apple Federal Credit Union allows for a non-occupant co-signor, at least per initial screening conversations with them.

I intend to pursue the same route that you did: FHA loan and negotiate to have closing costs covered.How did you approach the conversation about the closing costs?

I plan to have a sit down, no distraction conversation with my spouse soon.

Have that conversation with them too....that they're personally on the hook if the business doesn't work out...until you can get it released at full price.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

We work on garage conversion and new construction ADUs, and we see a lot of these detached 2+2 car garages behind multiunit buildings.They are almost always in pretty bad shape structurally -- footings aren't deep enough, roof framing is too small and too widely spaces, roof framing is running side-to-side rather than front-to-back (so we have to put beams in and additional footings in when we remove portions of the walls that separate parking bays), ceiling height is too low, etc.