Moving your mom in might help with the FHA question, though FHA for multi-family typically requires you as the owner-occupant to live in the property.Keep me posted would love to hear how everything turns out!

That depends on how many units are in your MF, what your longer term goals are and what kind of lifestyle you want.If there are a lot of units or you plan to have a lot of units in the future then invest in setting up good systems now.

Thanks allI think this ultimately comes down to the following: Will your return on investment be better with a new purchase than your current return on equity for that $200K?

Good luck & happy investing!

Take it one question at a time and build out your analysis in a spreadsheet of your own.While you're doing this, speak with a mortgage lender or two who know investing. 

@Jonathan TiradoMany people invest and have a job on the side.

Investment Info:Single-family residence buy & hold investment.

If it's a part-time investment hobby, then it might not make as much sense, financially at least.

Investment Info:Single-family residence fix & flip investment.

I am looking to branch off and use the banks money for my real estate investing instead of my own.