Just curious is all, it might be worth bringing some cash to the refi table if you're close to having 20% equity in your current home.By the way what type of loan product are you using to purchase your new primary residence?

Also, with FHA, the more units, the higher the borrowing limit (here's the table).  

You are not going to be able to buy a QUAD priced at $160K if they only lend you $100K.If you go to larger multi-family unit dwelling you would be a passive investor as you are a beginner you don't bring much value to the table apart from a keen sense to learn REI.

You still have to do what's right for you regardless of the offers on the table.

Question How would you propose to structure the transaction assuming any structure is on the table?

And all other low down payment options are off the table.

If you are willing to share how much you are willing to bring to the table, that might help people on the site share solutions.

Having a leasing broker bring a long time quality tenant to the table can be like finding Gold.

A great lender can save you money time and hassle before getting to the closing table.

He has money to get at the closing table and really no other options other than lose the home to foreclosure.