You should be able to shop local lenders and credit unions and get a much lower amount of cash out of pocket while still achieving your goal of 75% or even 80% LTV on a commercial note.

I also believe those deals are quite rare and virtually impossible for someone living in Oregon achieve..

Usually, when I underwrite a deal without trending future growth, achieving the target IRR would require some growth over time.

With the right strategy, patience, and long-term mindset, investors can achieve financial freedom and change their family's future.Good luck!

Starting out with an owner occupant 1-4 unit is a great way to get started. 

But you need to start answering them for yourself and come up with a clearer picture of what you're wanting to achieve.

Vetting your tenants and making sure the unit is up to the Section 8 standard will be the 2 most important things for making sure you don't run into issues. 

I try to stay on good terms with people as word of mouth can always come back to bite/help you, and generally try to treat people with what feels right/fair.I was thinking I charge a one-month penalty for breaking the lease, and they continue to pay rent until the unit is filled.

Now that I'm 2 years in, my goals have certainly changed (although I would love to achieve those initial goals eventually).

Investing in multifamily properties in the NYC/NJ area can be challenging due to high property prices and interest rates, but it’s still possible to achieve positive cash flow with the right strategies.