Reason I ask is most do not realize the interest income is taxed at ordinary income rates, so if you are in a higher tax bracket, that 8% you are getting ends up being in the mid 5's, which is basically the equivalent of a CD right now but just a lot more added risk.

Find out what the requirements are for that driveway.

It requires patience, especially in the face of market fluctuations.

FSKAX (fidelity total market) FXAIX (fidelity s&p 500) and ONEQ (nasdaq eft) a few of the most basic simple investments have returned 8-12% annually over the last 3 years.

I have funds totaling around 20k for a down payment (100k home), however for my planned strategy I’d like to target homes at max 200k which should require a 40k down payment.

Choosing an FHA loan over conventional has its perks:-Lower down payment requirement: With FHA, you could put down as little as 3.5%, which could help you hold onto more of your $250k.

Sifely isnt a bad middle tier Kwikset for basic but gets the job done

Not a lot of houses come my way on Zillow or my realtor that fit into my buy box requirements.

However, I will still be required to pay income tax on the income generated from my private lending activities.

AKA Work-ready.I purchased the home with an FHA loan, and my original contractor (as required by FHA otherwise I wouldn't have used one) underbid the contract not understanding the inflexibility of such a loan.