But my guess is to the reason why people who own a duplex and if they are an investor they don't worry about the mortgage because they have the tenants paying the rent which pays off their mortgage and also have extra left over (cashflow).

Hey @Adriana McLaughlin - This is actually the FIRST TIME I have heard of the term "ALL-IN-ONE-FIRST-LIEN", but after doing a little bit of reading on it I am not sure I still completely understand.Basically, you apply for a HELOC credit payoff your existing mortgage with this variable HELOC and then in theory have some leftover as well...so the advantage is paying off your loan early and getting access to a line of credit, but the disadvantage would be a variable rate mortgage for the reminder due on your orginal first mortgage? 

Do you think at 7% DSCR it is even worth it, considering the fourplex will essentially just pay off its own mortgage + taxes and not have any leftover?  

At the moment, damages were relatively light to the property, and I do have a security deposit that I can use For those and to also apply what’s left over for missing rents.

- ie can one structure the acquisition with fixed rate debt where the property will be “self-supporting” - produce enough income to pay all operating amd debts expenses with a little left over as cash flow - as a protective layer for the inevitable downtown.2.

Hi Ethan, on FHA BRRR acquisitions you can  buy up to 4 units and one of my mortgage brokers has grant money left over from last year. to go toward your 3.5%down and closing costs!

When they exercise the option, I get the amount left over after paying off the $300,000 minus principal paydown.

That only left me with 20k left over that I wanted to use for fixing stuff right away.

Would this be an option if I can transfer my VA benefits (mortgage currently is at 158k/175k, he mentioned something about having anything left over from the VA loan)?

Your condo equity could purchase 4-5 of those duplex rentals and still have cash left over for renovations or other!