How to move across country and start our REI journey

[Tim Clark]

My wife and I are planning on moving our family across the country. While we have not started the process, we have started thinking about our options. We intend to finance both a house for ourselves and a MFH. My wife will have to look for a new job while I can keep my current job working remotely. We have met with a lender and she gave us a simple run down without checking our credit to give us an idea. With the amount they are willing to lend to us, we can purchase two properties so that my family does not need to go through the stress of house hacking. We will need to sell our current home that we own outright due to limitations on renting it out due to recent wildfires. While we will have cash to purchase two properties, I would much rather keep the cash in our brokerage account and begin our REI journey. I am not sure what kind of loans to look into. We will have a reduction in wages since my wife will have to look for another job, but our cash on hand will be very good. I would like to get a conventional loan for our house and a commercial loan for the MFH. Any suggestions on what we should do to make this happen? I am not sure the steps that we need to take.