I’m aware that the process of getting a conventional or a FHA loan is a bit more strenuous as a 1099 and wanted to know the best course of action I should take as I’m trying to purchase a small fixer upper multi-family investment property hopefully by 2026.

That way they get exactly what they want and cannot complain to us for getting one they would not choose.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

These loans often have flexible terms, can be held in an LLC, and can cover multi-unit properties.

STRs give you more tax benefits upfront, but it’s wise to choose a property that could perform as an LTR just in case for stability.Using HELOC for Down Payment:The interest on a HELOC used for investment can potentially be tax-deductible, so using it to supplement your down payment could work in your favor.

To maximize your first VA entitlement, I would skip the single family homes unless there aren’t really multi units (1-4units) available in your area.

Only choose houses in the blocks that you really want and know you will have to overpay to get it this way.Are you looking for a done house or a rehab one for yourself? 

I really need help for anyone who is willing to lend me some advice.This is a multi question post!

If I were to choose between those two for those walls, I would go with Alabaster, which is slightly warmer and darker.

I’ve seen firsthand how house hacking can be a powerful strategy for building cash flow and wealth, especially in multi-family properties like the 4-plex you’re targeting.