My wholesale business found the deal, I bought from my wholesale business to build my portfolio. 

I’m looking to take advantage of an FHA loan and the 2-out-of-5-year rule for my first investment.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

Non conventional just means the loan will not be sold to Fannie/Freddie so they do not have to follow those rules.

Quote from @Victor Yang: Hello all,I am looking to buy an apartment building.

I would like to build several (2 - 6) "shipping container" type homes for either short, mid or long term rental.

@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again. 

I currently own a 3-unit multifamily property, and I’m actively looking to expand my portfolio while building meaningful connections with like-minded investors in CT.I’m particularly interested in:Wholesalers: If you’ve got off-market deals, I’d love to hear from you.Creative Financing Opportunities: Subject-to deals and seller financing are right up my alley.Networking and Partnerships: I’m eager to collaborate with other investors who share a passion for creative deal-making and scaling our businesses together.Whether you’re an experienced investor, just starting out, or anywhere in between, let’s connect!

HOWEVER, you can still find deals that hit the 1% rule and positive cash flow.

That gobbles up a ton of space.Fortunately, State of Arizona has created a new ADU rule which Tucson is adopting at the end of the year.