Quote from @Zach Edelman: Are you planning to occupy the property as a 2nd home or as a true vacation home?

Is this true?

Also lots of sellers have locked in <4% rates and don't want to buy at 7% The above is all true, but that fact is not going to make the bond market push down mortgage rates.

That is where the magic happens and where true connections that can enhance your journey are made.

I also question whether this $700K six unit is a true 10.5-11% cap.

Lenders unfortunately don't want to foreclose on a home with 6,7,8 homes on a property that's a true single family home.

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

That said, I completely understand your concern about deals looking "too good to be true" when you’re putting in 50% down.To avoid this, it’s best to analyze properties as if you were using more traditional financing (20-25% down).

Chris seems like a great person that is passionate about helping others take control of their money.

And why do you want it to become a passion?