It's way more more feasible to get into those larger 3-4 units now and put down only 1.5% more.

It was hard to say goodbye to my babies I started this journey back in 2006 (18 years ago) The truly sobering thing about this event is that I was able to achieve these same financial results in ONE year with my first larger commercial deal; and replace my wife's income with that deal.  

I'm particularly passionate about Pennsylvania and Upstate N.Y. and multifamily properties.Outside of real estate, I enjoy spending time with my granddaughters, my dog, my church family and helping others. 

Larger amounts you would be the sole lender and the sole bene so your secured and your HML is taking the points for their fees.In CA you can do fractionalized loans were the Bene's are actually co beneficiaries with secured interest on the loan..

As for the current home, converting a bonus room into a real bedroom could enhance its rental appeal and value, depending on local demand for larger rental units.Paying Off the Mortgage vs.

With a larger multifamily, it would be pretty expensive in our area but it may be a good idea.

Its meager 10,000 population also makes it the 11th largest city in WY, so if WY is my target market, its actually one of the larger markets in this sparsely populated state.

It's always best to start with simpler deals and scale into larger scale rehabs.

The only thing that comes close is a dog hotel place. 

We have gone from 19 mortgages to 7 through these processes (granted - some of the 7 are now larger loans due to the cash-out move) - but just like before - cash flow actually increased!