Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.  

Also, consider working with lenders who specialize in multifamily financing to ensure you're prepared when a deal comes up.If you need financing options or guidance on structuring a multifamily deal, let me know.

It also takes 2-3 weeks to invest 10k with Prosper, so it’s not like on day one you invest and one month later you receive $300-320 back, so seems like you would need to be fairly diligent in record keeping to ensure you are using those payments to payoff the high interest loan. 

Anything single family will require very creative strategies in order to generate cashflow. 

Most of the rental income can help you qualify for more as well.There are plenty of creative ways to go about getting into your first deal but you may need to get a solid work history before being approved for a residential loan.

Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.

I currently own a 3-unit multifamily property, and I’m actively looking to expand my portfolio while building meaningful connections with like-minded investors in CT.I’m particularly interested in:Wholesalers: If you’ve got off-market deals, I’d love to hear from you.Creative Financing Opportunities: Subject-to deals and seller financing are right up my alley.Networking and Partnerships: I’m eager to collaborate with other investors who share a passion for creative deal-making and scaling our businesses together.Whether you’re an experienced investor, just starting out, or anywhere in between, let’s connect!

Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.

Proper documentation ensures you’re prepared to substantiate your claims.Federal REP or STR material participation allows you to deduct rental losses against active income, significantly reducing your tax liability.

Let’s build wealth, freedom, and creativity together!