This helps out when there is a rental that is not rented out and we have to float the mortgage (currently doing that due to permits on a rental).I would suggest if you are able to pickup a side job, may be something in real estate?

Do some deals with them however and they may even float the cost of the project for you until completion. 

We also built the custom floating shelves in the kitchen.

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Being new, I'd read that the market cap rate was some number that should be floating around and you just needed to find the right person to ask.

Definitely a lot of solid information and advice floating around on this form.Another question, going off your example Daniel, if I’m considering adding value to a small multi family; is worth doing something like an FHA 203k loan?

If you will have negative cashflow, I would suggest you rather sell it, unless you can foresee that the downturn will be temporary and you can float the negative cashflow as the rents increase, etc.

With this being said, just make sure you have enough personal funds to float part of the rehab if the bank decides to not provide you the second and/or third budget payments until after the work is complete – because your contractors want to get paid. 

Worst case scenario, you could get a personal loan, if you can float the higher interest rate (usually these will have a little longer term such as 3-6 years, so payments would be lower, just higher interest amounts.

That said, I cannot find any info regarding this adjustment - so I am wondering if there's any further info on this, or if this is possibly old/incorrect info.Appreciate any and all insight into the matter- and if there are any lenders floating around BP who work on HomePossible or other MFH Primary Packages in NJ, I would be open to chat!