You'll find that a duplex is easier to get into due to comps being available over 3/4 unit SFDs to be owner occupied, always consider financing alternatives and the path of getting there.Take care of your own backyard first, it demonstrates your understanding of property maintenance and ability to pay a mortgage, taxes and insurance, when seeking investment loans. :)

Hi Everyone,I'm presuming that I'm not alone in this and would love to hear how others deal with this situation:1) employee at a company that offers a small matching on 401k2) owner of properties with cash flowWhen I was a single employee owner of my last company, I was able to put together a Solo 401k which has really fantastic tax advantages (one of which was the ability to contribute up to $53k annually (that's 2015 #s) ) to the plan.

My national guard service has been in operations and logistics and has benefited my abilities as a project manager for our recent investment.I look foward to flipping my first property in the near future and picking everyones brain in the process.Please forgive me if i do not reply right away as i am on temporary military assignment.Take care everyone and good luck making your pockets bigger."

Nothing is impossible but unless you have a focused goal, patiences, the ability to defer gratification and crystal clear process and systems it will never happen.

I look forward to getting to know everyone, and someday have the ability to help others!

I get that the ability to deduct passive losses phases out completely over 150k and that they carry forward.

If things like "ability to pay", "loan servicing" "Dodd-Frank", "predatory lending/dealing" is not mentioned, stay away from doing anything suggested.

We still ensure our end buyers have the ability to pay per the regs, of course.

RMLO to look over a 1003 app to approve the Ability to Repay Rulesee  https://www.dropbox.com/s/xd2qn5djkf6z15v/Mortgage...

Needless to say, our ability to move forward came to a halt.Bryan phoned me afterwards to let me know that even though our Tampa friend was out, he wanted to invest with us as soon as he’s able.