Some hard money lenders may offer better leverage but the interest rate and origination fees will be higher.  

Originally posted by @David Carrington:My wife is a property manager here in CT.

Regarding the tax situation, I used the wrong wording in my original post.

Having supported several investor acquisitions of small balance multi family recently and originating mortgages for the better part of two decades here are some quick pointers and considerations for investors: - Residential loans are considered multi family properties of 1-4 units.

Originally posted by @David Chriswick:@Lance Lvovsky thanks for all this advice.

My intent was always to hold them and I'm comfortable with the rate of return considering the value of the property, but this takes me back to my original question of not knowing how to flip effectively. 

I am opening a business in Mexico city (Hair salon) for my wife so get some short term income, Also I am heavily invested in the US stock market but at this time it is not going no where until we have some rate cuts. 

I was originally avoiding conventional because I didn’t think I could prepare a 15%-20% down yet.

Originally, my lender said there wouldn't be an issue financing the home as a primary residence because I am on the deed and will be living there.

Alex While there's not enough information in your original post to provide advice here are some things to consider:1.