It wouldn’t make sense for me to since the rate is 2.75.

The numbers could make sense if you do STR, but it's still tough because the pricing for multis is high and the long-term rental return isn't that great.

It's a tool and should be used for the right property in the right area where it makes sense. 

This made sense to me at the time as I wanted to not only invest in myself, but also him and his team. 

Yes, that makes perfect sense, especially in such a large transaction to find the replacement property.

Hopefully this makes sense, but sounds like you are got caught in an assessment when you purchased.

for example, buy a 2-unit, rent out 1 unit, and then rent all the bedrooms in the other unit to friends and sleep in the basement or on a couch.let's recapnot easy: house hacking in NYCeasy: buying sub 30K houses that will turn into money pits and won't advance your goals at all Hmmm, yeah that makes sense LOL.

Our economy hasn't made sense for four years.

You are still not making any sense.

The seller becomes the bank and pays capital gains one time on the downpayment (which keeps it low to make sense for them) and then also monthly on the payments (also incentivized to just match how much he wants a month).