Buying Multifamily in Dallas- Finance Question-House Hack

[Matthew Cassidy]

Hey Bigger Pockets Nation,

I'm actively searching to buy a 4-family in the Dallas area

-I have about 30k-50k for a downpayment ready to go

-1st property

-looking at off market deals

-I would be living in one of the units (owner occupied)

-Updating the units: kitchen, bathrooms, and adding in unit laundry

-Would refinance after a year

For financing purposes should I go through a small bank or a loan officer? Should I just put 5% down or what would you recommend? Also for those that have done off market deals do you just bring a contract with you when you meet? Do you put anything special in the contract? OR what would you have done differently?

Thanks team!

*Posted this in another form too