I have a template i pulled off the internet. i suppose i should have it looked at by an attorney to ensure it affords me all the legal protection i need.

My suggestion to you: forget this idea and look for an investment that your 401k can afford on it's own, without your personal involvement. 

@Josiah KayJim Hiller is great and affordable.

My personal opinion is unless you can afford to lose your money, you're better off investing where you KNOW the local markets, neighborhood, where schools are, what areas to avoid, etc. 

The FHA loan is a great product but if you have a good credit score, good income and a reasonable DTI, you have a lot more options. 

I realize this will increase the mortgage payment and eat into any profits if we rent, but we can easily afford it and would like to get the sucker paid off.Any and all advice is super appreciated!!

They are presenting an intriguing new mortgage product with an interest-only component at a Meetup I’m a regular at in case you happen to be free.

I'm finally looking into getting a loan and these areas seem to be all I can afford at the moment.

Before I could afford BP Pro, I made my own spreadsheets in Microsoft Excel.

What i definitely would not advise doing is using the money to go all-in on a lower tier, sub-50k property just because that's what you can afford in cash.