Mike has been easy to work with for me, I don't know the other guy who it looks like was involved in Four Peaks.

The appraiser will look at your plans or scope of work, and appraise the property as if the work has been completed. 

That worked for a while.

*My own credit, work history, debt-to-income, savings, etc. otherwise, is excellent -- all strong, zero negative marks.

I will not work with Maria Barns again. 

Anyone who thinks the economic benefits of a choice like this for you outweigh the risks needs to think this through.A quadplex that grosses $2,500 a month and is free and clear ends up being some variation of four apartments that each go for $625/month.

If the numbers work, it's a good deal. 

My suggestion is PadSplit, but insurance, government housing, etc, will work as well.

I am curious about how that works. 

@Lynda Cooke the best way to do that would be to buy a multifamily property… a duplex or a triplex or a quad Plex and live in one unit and rent out the other units.If you decide that you don’t like that set up after a year, you can move out and rent all four units and move into your own place.if you decide that you don’t like that set up after a year, you can move out and rent all four units and move into your own place.The advantage of this is that you only have to put 3.5% down with an FHA loan.All the best!