Run the numbers.  4 SFH will cost you more to purchase than 2 duplexes, but will also get you more money generally speaking. 

@Bryan HarveyI’ve done 6 cash out refis on rentals to use that cash to scale up and buy more and more rentals for free (no out of pocket cash for new purchases).

I wish i could purchase the SFR at these rates.

Hi everyone, So I just purchased 2 properties and it is part of a portfolio loan.

Purchase price: $75,000 Cash invested: $50,000 Sale price: $171,250 Bought a condo in Mexico City (Condesa), flip it and invest to get it Short term rental ready, sell it as a business, with earnings around 2,000 monthly.

Since I don't currently have the capital to purchase or arbitrage a property of my own, this allows me to start building that capital to eventually move into arbitraging properties of my own. 

Purchase = $310,000.

If you cash out refinance you incur (more or less) all the lending fees associated with a financed property purchase (even though you are just refinancing the property you already own), and then you incur significant fees when you sell the property (closing costs, commissions, etc).  

Your traditional bank in most instances is going to take the loan and resell it on the secondary market.For House Hacking, my favorite concept is  purchasing a duplex, triplex or quadplex, you accomplish 2 things in 1 step, you get a roof over your head, and at a minimum you get someone else to help pay for your mortgage, and when its time to move out, you already have your 1st investment property under your belt.

Purchase a business property such as an automotive repair shop.