One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

I may start with house hacking to build confidence, take advantage of owners financing (this will be my first home), and to build my network first. 

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

Because here, the proposal would increase property taxes about 5x.  

We liked the idea of partnership on a bigger project with the specific MTR strategy in order to increase NOI and exit in 3-5 years.

I’m trying to increase my presence to the local renter population.

Atlanta is a strong multi-family market with a diverse economy, a growing population, and increasing demand for rental properties.

Oh man- welcome to self management.

However, asset based loan products require liquid assets, property equity is not a liquid asset for an asset based program.All our 2nd mortgage programs just increased limits to $750,000!

Structuring the agreement properly, outlining how profits will be split, who covers the rehab costs, and what the timeline looks like can ensure the seller feels confident in the process.