Some background: My goal for my first investment property is a combination BRRRR/house hack.

About a year and a half ago, we were pretty far along in the refinance process with Fannie, but the loan fell through at the last minute due to occupancy dropping below 90% one month, combined with the condition of the property, I’m told.

Wanted to come and share a little bit about the deal.Both of us are part time workers so combined, we make around 60k.  

@Daniel Tsang, There's some special considerations for that seller if they want to do a 1031 exchange combined with seller financing. 

Both of us have zero debt, excellent credit, and about $120k in combined capital.What are we looking for: Distressed SFR to rehab, inject equity and appreciation while living in it.We can then sell as a 1031 exchange for another property.Or we can rent out while cash flowing & refinancing to pull equity and buy another property.Distressed multi family properties to rehab, inject equity and appreciation while living in it and rent out the other unit.Once we have rehabbed, we would move out, rent out the second unit and cash flow.

We purchased ~2 acres for 185K and have multiple tenants paying a combined rent of $3,100/month gross.

So I understand that it is possible to build 1 house among 2 combined lots.

But a creative wholesaler will lock up a property either subject to the existing mortgage or on seller finance (or a combination of both) in a way that would make sense for an investor.

- so that pot might slow down but eventually grow isn't it and company matches 5% which is free money. and also to save on taxes there are ways to withdraw only limited amounts from your 401k just to be under the radar as you will be supplemented by social security benefits too)and on #4 - the way I was looking at is - ex: I had put in for example 100k in my stock portfolio and that now becomes 180k (8 yrs time) and I keep re-investing in S&P 500 or any good yielding ETF or stocks as you said providing good dividends - I am considering that as one of the pots of income) - combining all pots should provide you enough to sustain the same lifestyle)what do you think ?

.- Some combination of all of these.Basically the gist of it is going to be "hey, if only 7% of our loans can be non-owner occupied, let's make sure it's the lowest risk and/or highest profit 7% we can possibly make it."