In 2025 does it make sense to build a 4plex and house hack it or is it better to buy existing multi-family? 

The denominator in the calculation is your capital/equity and with no debt the return on your existing equity is low.

Hi Robert,Given you are looking to buy another rental (long term), a cash out refinance on the existing property would be a good play here.

You may want to consider really understanding construction on existing built homes and then pivot into using a trusted GC for those new builds.

It puts you in a position to learn the market, build connections, and spot deals before most people even know they exist.

Quote from @Andrew Steffens: I am curious what products exist?

there was a follow up post where someone got a loan from them but for realistic rates  8% or so and few points.. under 6% private / hard money simply does not exist unless its a family friends type situation. that bank rates or lower right now for new construction or fix flip  

Long term hold, with buyer planning on carrying existing financing to term without the ability to quickly cure default — terrible strategy with huge risk for both parties.   

Just wanted to introduce myself.My name is Ariel, I am 32 years old (this Thursday), and I am making my first steps as a real estate investor.As I live abroad, most if not all of my work would be remote, and right now I am focusing on Jacksonville, FL.My main goal for this year is to fix and flip  at least 2 SF's properties, and for the next few years to increase this number, maybe do some MF, and possibly to also BRRR when I raise enough of my own capital.At the moment, my biggest challenge is the fact that I am remote, so I could use some help from a local realtor or management company.It's so amazing to know this community  exists, and I am thrilled to actually take part in it

There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.