But with this kind of negative cash flow, you are betting that appreciation is growing more rapidly than the interest you're paying--just to beat putting $900/mo in a savings account.On top of that, you're still in the window where you call sell this tax free using the primary residence exemption.Using the $80K on a $350-400K multi or two $200K homes on a 30 year fixed will provide the same appreciation while having someone but you pay off the mortgage.

Your best bet might be calling around to some local banks (portfolio lenders have flexible underwriting) and seeing what they will require to get a commercial loan on multi family properties. 

.;)Boy I bet you feel really stupid now huh..And it is not about how many visitors you get pumpkin.

Your best bet is to talk to a commercial loan specialist directly. 

@Travis Moore - seems like option #3 would be your best bet. 

It sounds like a hard money lender is your best bet. 

I bet dollars to donuts this person is doing it.Also, a car is both a terrible and great way to judge someone's income and priorities.

You might be able to use this method for individual projects, but it could make your taxes a nightmare at the end of the year, your best bet might even be excel.

There are some creative options I bet you could think of with family though.

I suggest to never bet on appreciation.