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Updated about 5 years ago,
How to fund owner occ shipping container 4 plex
How should I go about getting funding on a owner occ 4 plex made of shipping containers that will gross between $3600 - $4800 in rental income? I am looking to do this on a 2.5- 3 acre lot. Main house will be 2800 sq ft. and three rental homes will be just under 1000 sq ft. Land is not secured yet but I am looking at a nice lot looking right at our local mountain side. (Beautiful view)
I want to use none of my own money. I want to build and refinance to pay back the lender and transition to a traditional mortgage which we then plan to pay off in under 10 years combining our earned income with rental income. Thank you for time and wish you all an amazing weekend and year in 2020!