Looking to finance a 2-4 multifamily property to purchase near West Palm Beach, FL (or within a 30-45 min drive).Been looking on MLS, Crexi, Loopnet, etc. but either the properties aren't good (too expensive) or the people don't respond.

You are losing up to 3% on each investment property purchase, also, you get a lot of great tools for evaluating properties, market research, etc.

Acknowledging that a whole host of factors goes into determining the interest rate on a DSCR loan, I was hoping to get a census of what DSCR interest rates you got (or see your clients getting) to get a general idea of the cost of these loans.

After a year, you can move out, convert it to a rental property, and then use a conventional loan with a low down payment to purchase another multi-unit property as your new primary residence.

I am planning to purchase a property subto the existing mortgage (50k left) and current tax lien (65k).

Never have I felt unsafe.The city allocated millions a few years ago to purchase and tear down a dozen or so older motor inns on ocean blvd that had been left to squander and had become havens for the less than desireable.  

Can it still qualify for 1031 because the rule is u have to live in it or rent it for 2 out of 5yrsSecond, if I buy a property, renovate it and sell within 3/4 months, can it qualify for 1031 because I heard u have to hold it for 1 yr.Is coop sale and exchange with purchase of single family home "like kind" of exchange?

@Mann Phan First, I want to compliment you on getting into real estate investing and purchasing six rental properties.

I just purchased 24 units (three identical 8-unit buildings) that share a parking lot.  

In the next year, I'd like to purchase my first small multi-family property in the Grand Rapids area that I can house hack.