Prises are so attractive but as soon as add the taxes….there goes the positive cash flow.

All of that said, nothing you mentioned sounds like you are in a position to evict anyone.

Gap funding or junior position funding is highly risky. your team has no real money in the deal..

Hey @Brett Jurgens,Great position to be in! 

I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive. 

Equity position How did you find this deal and how did you negotiate it?

HELOCThis takes either first or second position (depends on whether you have a mortgage) and is a variable rate line of credit.

But I also realize many people choose the direction of Appreciation first.In my hometown market (not Pittsburgh, but central NJ area), few small to mid size multi family properties could come close to cash flowing positively.

Rules for contractors NEVER use your money to fund a customers project ( unless you hold first lien position and charge interest )If the money stops , the work stops .Put everything in writing .

Consider starting with a smaller, more affordable multifamily to keep your mortgage low and cash flow positive—even if it’s not your dream property.