IF you have super strong income and you and have a lower 1st lien, lots of equity - MAYBE your best bet is using a local bank or CU to get most competitive HELOC inv terms.

For example, if you invested $150,000 in a duplex and were able to improve it through renovations, attract higher rents, and increase occupancy rates, the value could appreciate more efficiently compared to a single-family home that doesn’t enjoy those rental income advantages.In essence, the key difference lies in how multifamily properties can appreciate not only through market forces but also through operational improvements.

One option is to find a co-signer with W-2 income to help qualify, or you could explore DSCR loans, which focus on the property’s income rather than your personal income.

How do I calculate interest income, what are a few tenant charges (income), and expense reimbursements.

I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.

Where is the income tax of 49% here?

And 54% of the basis would be allocated to the 200K house.You'll have a small tax bill on the difference between your sale and purchase prices.  

Quote from @NA Ludkey: @Jaycee Greene  No he is not a dependent on our tax return any longer. 

I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

Income would be from hunting dues and timber harvesting, expense would be conservation management, taxes, and the mortgage.