Here is a list of lenders who specialize in this:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...Doing private lending from 401k is arguably the best way to invest your retirement funds.

Of the buyer's lender may have an issue with it and may refuse to lend on it due to the additional liability to them, etc. * Appraisal/Value - When I am doing an appraisal I am generally assuming everything is legally permitted, as long as it generally matches public records.

...if the vacancies are frequent or extended, it can be a big expense, so I analyze this thoroughly.As for house-hacking specific costs, there are things like furniture/appliances/decor for the common areas of the house, costs of screening applicants (like background checks), cost to advertise, the time and effort required to manage a house hack, etc.  ...although these expenses are worth consideration, they tend to be much smaller and almost inconsequential compared to the big capex expenses that can come with buying the wrong property (e.g.; you might spend a couple hundred bucks on tenant screening, but a new roof might cost $20k+).Back when I was house hacking regularly, one of the most significant "costs" was the cost of my time and effort to acquire tenants (which includes all the time and effort of posting ads, responding to inquiries, answering questions, doing viewings, screening applicants, managing tenants once they were in-place, etc.).

Although I’d like to do a large dscr loan and get 4 to 5 three and four bedroom units, I’m likely goin to start with just one quality property in order to establish proof of concept to present to future down payment partners or private money lenders.

To assess what type of upgrades to do and which will return for you - do some research into what other rentals in the area are renting for and scope of renovations they have - i.e. if the comparable rentals all have painted the 1970 cabinets - then you can do similar and not drop $40k+ on  full gut/ remodel.

Hello Ben, I speak with lenders about this every day as it is a common issue.

Remodeled Kitchen and Bathroom, updated AC Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Of course, with private lenders, you will need to give up equity or a return on the debt.

. :)) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

. :)) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?