How much can you budget for furnishings and all kitchen items and creature comforts for the ones you want to MTR.If you have a vacant 6-unit, you have great possibilities to try all strategies.

This is limiting my options.I have never utilized the multifamily lending products offered by Fannie, Freddie, etc., so I would be interested to a) hear other BP members' lender recommendations for this sized property and also b) other members' experiences working with Fannie, Freddie, etc.  

@Dylan FraembsThe Providence market offers solid opportunities, especially in multi-family and value-add deals.

It’s also important to check with your lender to see if they offer this option.Lump Sum Payment: You’ll need to make a significant lump sum payment toward your mortgage principal.

Given the competitive market at the time, every property was receiving multiple offers, and securing a deal required both strategy and speed.

As a property management company ourselves, we use Guesty, which offers an Owner Portal.

We take your info and we let Lenders battle for the deal offering their best options.

If so maybe research who financed those deals since they're likely already comfortable with that concept in your market.

.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.  

Watch out for what gets deducted in home warranty or concessions but those will be in offers you accept.