Creative Funding for My next purchase - How to get snowballing?

[Matthew Wienclawski]

I currently own one rental and my primary home. I want to make a multi-family move but with my current income/debt ratio I'm not getting enough monthly to make a purchase. I want to explore an FHA Loan for this. Should I look at more lenders? I feel like my situation isn't going to change until I pay off my debts (student loans, HELOC) but I feel like there's something I'm missing. Any advice or suggestions on laying 3-5% and doing things wisely in my situation?

[Chris Seveney]

@Matthew Wienclawski

The wise decision is to have the money not only for the down payment but in a multi what if you need $10k in repairs ? Can you afford it? Can you carry six months of vacancies in your units?

People make it sound easy on BP but notice you don’t hear from the people who lost everything on hear because they were over leveraged