Some owners may misunderstand and choose to replace the pipes on their own, saving the EPA some time and money.These pipes were installed over 100 years.

@Sino U.I would save more money or look into a DSCR loan.Where is important.

With that in mind, I would save most, if not all of the cash flow until you have enough to do the renovation.   

If you are priced out of your market you can save for a house hack there or an out of state investment.

First off, kudos to you for building up the savings and diving into the multifamily market with an FHA or Fannie Mae loan.

I do too many deals a month and I don’t have time to try and save one.It was not our teams fault it isn’t going through and is on the seller in this case. 

If you're not careful, the administrative requirements can trip you up—but when done right, the savings can be well worth the effort.For those of us scaling our portfolios or actively managing real estate deals, the conversation about structure isn’t just theoretical—it directly impacts how we protect our wealth and position ourselves for long-term growth.What I’ve found is that many investors don’t realize how critical their personal credit is in setting up these entities successfully and accessing the funding they need to operate and grow.

     * House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA     * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

Im currently reading "30 day stay" by Zeona McLntyre and Sarah Weaver to help me understand how to maximize the market of my property.

I save untold thousands annually thanks to it.