You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

Bank Credit Line How did you add value to the deal?

If one is in Canada, they would have to use Canadian QuickBooks version, and so on. 

https://www.biggerpockets.com/forums/93/topics/1224328-new-l...here is a thread I just did on Oregons new law that takes effect July 1 2025.

I'm with Dan on this one. 1.

Kind of a advertisement and asking for help on how to take your business from you.What do you bring to the table?

All I know is that I have a shitton of large cheese pizzas on the line.

Seen that play a few times.. this whole sub to being taught to under capitalized or starter investors who don't know what they don't know and learn this on line is just so very dangerous.

He likely needs to stay where he is, save up money for a downpayment on his own, and buy when HE is ready.He's not ready.