@Mark SpritzWhile a Solo 401k may or may not be a better structure for you based on your situation, the additional benefits (beyond contribution limits and loans) include the following:-No custodial requirement-No need for LLC cost and admin to have checkbook control-Built in Roth-Spousal participation-UDFI exemptionsThe cost comparison depends on what providers you are looking at for each.

That is in addition to your rehab budget.

And after that I'm going to be concentrating on acquiring a larger multi family building (maybe 5 to 30 units).

I believe that our rates are some of the best on the east coast though.I wasn't totally disagreeing with you, there are lenders who want to acquire properties.

However if you do not know the rules and exactly the rights you are acquiring you need to learn that.

Our contractor earns 15% plus an additional 5% bonus if the property sells for 40% or more of the amount invested.

In addition, depending on where you buy the schools could be pretty well rated.  

Additionally, If this ends up in court, I would not want to try to explain to the judge (or anyone else) why I kept 6-months prepaid rent from a victim of domestic violence.  

Greetings everyone, I would like to move forward in the process of acquiring my first multi-family home however my credit is not exactly where I want it to be, I understand that the VA does not require a "minimum" credit score however most lenders do require a 620 minimum.

just LOL @ all the posts in this threadin 2011-2015, i acquired a number of foreclosed duplexes for $45-$55,000 in decent shape, requiring only $10,000 or less in repairs each, and all in GREAT locations in a city of 60,000+ and growing.