I acquire property and facilitate acquisitions for homeowners and investors for Single Family and Multi-Family Residences.

RBC - and perhaps briefly TD - are/were the only two of the Big 5 who were underwriting 5 & 6 unit properties as residential as opposed to commercial.Additionally, RBC will lend to the point where you have five mortgages (including your personal residence), so use them early in your property acquisition plan and strategically if you find a 5 or 6 unit worth acquiring.

An FHA is for your primary residence only, and you'd have to sign documents stating you intend to occupy it as such, for at least a year.

I am a resident of Baltimore city and house flipping is highly advertised in my city.

You may be able to develop a solution based on some similar situations others have been in.Best of luck.

I typically see our rentals rented out in 15 to 30 days, with the average being closer to 30 days due to the notice requirements that new tenants must satisfy with their previous residences.

It didn't matter since I was going to anyways since it's my primary residence.

My husband and I have amassed a fairly significant amount of cash and we're interested in starting with 2 single family homes or small multifamily properties and within the next 2 years, turning our current residence into a rental.  

Hellocan anyone recommend a good Real Estate TurnKey solution to get into the Buy & Hold business for multi-family units?

Here are the costs to address the issues uncovered by these experts: 1.Wood floor and wall in the middle unit: $44,000 + tax + $2,800 for permit, but engineer report is needed for a formal quote.2.Roof above the middle unit: $8,000 + tax + $800 for permit + ply wood;3.Sewer line outside the building (see estimate): $7,365 total;4.Sewer line inside the building (see estimate): $21,663 total;The total cost plus 10% contingency is equal to $100,000 in repairs that I cannot afford to pay and still be able to fulfill my obligations to you and to the tenants that will have to be displaced for the duration of repairs.In addition, the appraisal came in at $275,000 that is considerably below the $340,000 number.Proposed solution: You will complete all the electrical repairs and ensure all three units are brought up to current code including the outlets.You will have the stucco repaired on the exterior that was damaged by the electrical proof.