There is always a possibility of denial.In no way am I trying to double dip.

The house has the master bedroom with a window that leads to an added enclosed room that looks like it was previously a sun-room.

You would need two loans unless a local lender would do some type of mini portfolio loan.

@Teahjsia Frazier one of the best ways to build a portfolio is to do owner-occupied transactions so you can put down as little as 3.5-5%.If you're single, house-hack by renting out all the other bedrooms - even live in the basement and rent out all the bedrooms to generate as much cashflow as possible.

Now, here is key thing to remember, it's almost double what most other western nations are currently trading at......

This fully renovated 4-bedroom, 3-bathroom home features high ceilings, modern finishes, and a downstairs bedroom for convenience.

Purchase price: $400,000 Cash invested: $200,000 Bought this fixer upper 2 family house with 2 bed 2 bath and converted it to a 4 bedroom 2.5 bathroom with finished basement.

Single Room Occupancy (SRO) or PadSplit / CoLiving are able to make a ton of income, especially if you modify the house with a couple extra bedrooms. 

I personally like long term rentals, but it sounds like the numbers don't make sense and if you cant afford to or can't justify covering that much negative cash flow then another strategy is renting by the room, that works well if you have or can convert to at least 4 or 5 bedrooms. 

I use a glass puller (double suction cup) and a rubber mallet.