As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.

An even stronger indicator is that I am getting more and more orders to do BPOs (broker price opinions) for "banks".

@Kristin Vegas what ROI do you project to obtain on the MFR?

Those are spray and pray techniques that don't fit with sellers right now because sellers/owners are sitting on a very low rate and don't want to move to go up 4-5 points on their rate.Listings aren't a start now thing as well.

Quote from @Vince Scipione: Standard would be an FHA loan for your situation more than likely.

Thanks in advance:What's the best way to determine if a buyer with an offer is qualified?

BUT, the might cause more issues because 550k is already on the small side for a 5+ unit building product. 

It saddens me to see this percentage creeping upward constantly.

@Rocco NicolettaMy wife and I have done 2-3 flips/year on Oahu since 2020 (yes, we started in what turned out to be the start of a pandemic....). 

Purchase price: $264,000 Cash invested: $120,000 Sale price: $640,000 Duplex caught on Fire.