I would also caution if you are intending on a vacation rental be very cautious of the individual town restrictions.

@Jason Wray who's doing 5% down on owner-occupied 3-4 units?

I think it should appraise for at least 600k and think 650k is reasonable.It’s fully renovated and fully leased for $5,200/month.I’ve reached out to banks to see if I could use cross collateral to be my equity contribution but at least so far they’ve also wanted 10% cash.I’d like to avoid coming out of pocket with cash.I was wondering if you had creative ideas on how I might be able to get this financed 💗

good afternoon, closed on our first duplex the other week, hopefully many more to come

Have you made a research on house prices, rehab costs, time on the market to sell and etc?

I’d be willing to pay for them to sign up as I think it would help with on-time rent payment.

Even if you’re not an agent, staying connected with local agents can open doors.Exploring Older Landlords: This is something I’ve been doubling down on lately.

Manufactured might get tricky on financing so I'd chat with a lender.

On market & offered asking price How did you finance this deal?

Make sure you are sold on the particular project to get a level of comfort.Past projects might have been A to B areas where upside was greater and risk was lower.