I understand that 30k in Cali isn't much but this is what we have to work with at the moment.

I understand that rates are historically low, but I'd rather have a higher monthly payment than sacrifice equity by paying a higher amount for a property.

If I transfer the property right away to an LLC it could take a year for the LLC to qualify for the mortgage as I understand it.Does anyone out there have any ideas on the most efficient way to get the ball rolling?

I have several real estate attorneys that I work with, but I don't understand what you're asking.

Good afternoon BP members I contacted quicken loans and was told they only due 1-2 FHA loans.I understand that 3-4units is also allowed under FHA.

Thanks  Chris Mason I understand that if you can take out a HELOC and own a property with enough equity.  

I understand that this is state specific and i would DEFINITELY get legal advice before actually doing it but i was just curious if giving discounts to certain organization members is kosher with fair housing laws?

Maybe a good place to start for getting an idea (and understand that you could offer whatever you wanted on these properties), is Milwaukeemultifamily.com.

I understand that I can make more money doing this because it reduces my costs but just wasn't sure if it is the right thing to do to the new homeowner.

I understand the value of leveraging as much as possible.