House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

The other option I have not seen mentioned yet is finding a corespondent who can originate for you.

One of my clients is buying commercial real estate property with tenants that have 5 year lease. My client plan is to demolish and do new construction within 1 year. What is the best way to best way to deal with the e...

Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

The lower barrier to entry would be excellent for my personally smaller net worth.

@Jackson Pudlo Hey Jackson,I realize you posted this 6 days ago, but both options—SFH and Multi—are great.

Feel free to DM me if you’d like to connect and discuss options further!

@Fareen E.Great question, and it’s excellent that you’re thinking ahead about this scenario.

You can tell that the lender isn't granting this extension under the provisions of the loan's 1-year extension options.  

The land, however, may appreciate, which can offset this.If you’re in an area where affordable housing is in high demand, mobile home rentals can be an excellent option, especially since you already have the land.