So im considering using the FHA MFH loan to purchase a quadplex in my county however the numbers might not make sense so im wondering if some other eyes can have a look and say yay or nayThere are presently no "deals" on the market at least from the MLS and the last Quad I saw online was the following$750k - rented at 4x1500 = $6k (it was in an A class neighbourhood with the best schools in the county and the same quad in a b/c neighbourhood is around 650k renting at 1200 per unit) so for the first 6months and 1 day - 12 months I would in be living for free but would be putting that $1500 a month into a high interest earning emergency fund for when things go wrong and then when I move out the new cash flow would be going in there)Well below the 1%now the reason why I would consider it is because as a realtor and hopefully soon to be mortgage lender by the time I wrap in all the commissions and fees out of pocket I will only have about .5% needed for a DP and closing costs so around 15kSo I would be able to get a 6k a month producing asset (probably cash flowing around 800-1200) after PITI for 15k total initial out of pocket (not including initial inspection costs etc)There are no FHA MFH in my county that fit the 1% rule so advice on this would be great.

I personally would not touch office space with a ten foot pole right now except perhaps medical if the local market attributes are good.  

I’d still have the FHA loan in my back pocket when it’s time to purchase my second property.If I started with the FHA loan, I’d have more reserves ready for any emergencies but will have to start saving again until I reach a comfortable amount to start investing some more.

Does anyone have experience buying medical debt, or other types of performing or non-performing debt?

My fiancé may be going to the FAU medical school so we’d like to be within a 30 minute commute or so.

>>>>Am i liable for his medical bills?

Use the rest of your cash for emergency expenses.

I have enough for a down payment and enough for emergency fund+3 mos vacancies.  

Obviously it isn’t an emergency since they have been living like this for months.  

Hi ExpertsI just started a IT consulting firm.I am hiring an employee to work for me but I want to pay him a fixed salary every month and I don’t want to pay medical, 401k etcSo is it ok to hire him on W2?