After the eviction, you normally are left with some of their possessions (which is super frustrating). at that point, you would need to store them for a bit (ask your attorney) and then you can toss them if the tenant doesn't pick them up.

After purchase, you can do a cash-out refi of 75% of the appraised value to free up your cash again, and repeat.There's also DSCR (debt service coverage ratio) loans.

So, I believe this would require me to get additional debt via a separate loan at a rate higher than my mortgage rate.

Older and less interested in risk/debt?

Currently, I’m working on clearing my debt and saving as much as possible, with plans to start my journey by house hacking with my partner.

Not sure how often that happens and to the extent it does, how much individuals are receiving.Trying my best not to politicize this, but have to add that massive bailouts are going to continue to get harder to afford with the high federal debt we have today.

Driven by favorable interest rates and stock market performance, debt issuance has been the main capital driver.

I have really bad credit, thanks to being a Dave Ramsey follower for a decade but very little debt.

Link-https://www.hometap.com/end-debt-stress-estimate?

Understanding Commercial LoansProperties with 5 or more units typically fall under commercial real estate loans, which have different requirements compared to residential loans.Requirements for a Commercial LoanCreditworthiness: Both your personal and business credit scores will be considered.Down Payment: Typically, 20-30% down payment is required.Debt Service Coverage Ratio (DSCR): Lenders will assess the property's income relative to the debt payments.