I am constantly told by investors, particularly new investors that MLS properties are bad investments and they will only purchase "off market" properties.

This way you'd only be looking for financing $895,000 of $1,150,000 purchase price.

As I plan to house hack whatever I purchase, my expenses should be covered by the tenants.

I need help on the lending side for this potential deal...I am negotiating a purchase agreement with a seller carryback of 20-30% as a second-lien position. 

My trust was created and follow the rules of FL, if that makes any differenceI purchased a home and transferred the deed into my trust.

My question is can I purchase a property as a house hack in a different state even if I never actually live in it?

Your Lender My suggestion to find #2 & #4 would be to go to the top of this page and click on FIND AN AGENT & FIND A LENDER.

You can have a candid conversation with him to review your financial situation to determine Nathan Green's #2 point about getting your finances in order to be ready to purchase your next investment property regardless of your exit strategy.

There are lenders that will help finance up to 90% of the purchase price and a 100% of the rehab up to 75% of the ARV with 660 and above credit (the exact details depend on the property and the borrower's credit profile).

Purchase was $134k and it has fully depreciated after 27.5 years.Second unit is a $350k listing with a $45k mortgage remaining.