Also there is an additional tax on the returns due to the financing. 

That person will be able to tell you what you can do and following that plan will give you peace of mind about your further investing strategy.

Once pre-approved, gather your financial documents like pay stubs, tax returns, and bank statements.

Hi @Raymond Kalonji I would follow what all have said here, but I want to highlight one thing while working with section 8 or any other tenant is very important "timely communication".

You need a copy of the contract with the management company to determine how to terminate it. 

------Drawbacks, it doesn't have a great SMS follow up sequence.

I do know of the physician loans, I am also a veteran so I have the VA loan, and I was also looking at the FHA loans, but can anyone give me any insight that will help me get into a multi family with the salary situation I’m in?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

THis is constantly changing and best to stay in tune with your attorney in that state and follow groups like Hornek and GeraciRight Chris.  

I would only use the heloc if you plan on cashout refinancing one of the properties to pay it off once the rehab is complete.