I would pull a FHA loan for $665,000 and live in one side and rent the other side out to a family member for $2,000 a month.

Hey Jack, There are two types of loans investors use in their BRRRR strategy. 1.

At the refinance, I am able to get a loan for $180,000 and $20,000 of the money partner's money stays in the deal.

I'm interested in how others structure their ALFs.2) I'm thinking of going with an SBA 504 loan to acquire the property and do the remodeling.

In a  Dplus area, 2nd floor unit, considering installing LVP. 

Hello all,
I'm looking to buy my first multi-family. I have a large lump sum saved in an investment account for down-payment and any additional costs. I currently have no debt and make under $100k a year. Because of ...

Are there specific lenders or servicers that are more likely to call these loans?

. :-))But yes, I could take a $200k or $300k tax free loan every year on the appreciation if I couldn’t manage to make ends meet at $20k/mo.

For example because New York is a generally more expenisve market, you have larger loan buy downs, bigger dollar appreciation, etc.

If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?