•Explore partnering with wholesalers and real estate agents who bring you off-market deals.5.Continue Building Credit:•As your properties generate income, pay down your credit lines strategically to maintain high credit limits and low utilization.

This may provide you with lower down payment options and more favorable terms.No Documentation Loans:While traditional no documentation loans are rare, exploring private lenders or hard money lenders might offer alternative financing options.

I’m exploring all options to try to save myself.

For insurance, I’d recommend working with a local broker to explore the best rates.

You can also explore FHA with 3.5% down as well with 1.75% Upfront fee + anything with more than 3-4 units, there will be a SS rule (Self-sufficient test) to pass per FHA guideline.If it is a legal multifamily unit, you can also use those vacant units as your rental income up to 75% of gross market rent.

Let’s come together to network, share insights, and explore the possibility of forming a thread.

You could explore renting out the garage as storage for someone, but then you need to look into insurance, liability, etc.

Hi Sean--are you buying in Sheboygan only or exploring other areas as well such as Ozaukee County or Milwaukee? 

Your lender will have the exact details.If the current leases don't align with your timeline for moving in, another option is to explore a DSCR (Debt Service Coverage Ratio) loan or a traditional investment loan.

I'm not sure where you are in the closing process, but that could be worth exploring.