Why did you even use an agent if you didn't understand what value they provide?

Leveraging an owner occupied loan locally most of the time will take far less cash. 

Hey Bans,  the ARM seems like a great option for the increased cash flow in the short term and interest savings for the 5 year period.

Either way, you had better have much more cash raised up front.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Thank you,AamnaJason provided a great synopsis.

Purchase price: $2,792,500 Cash invested: $50,000 Contributors: Trent Werner, Chris Shepard GP Investment.

Or you need extra cash sitting on the sidelines to help if your rent up phase takes longer, or it you get into a Price war with deeper pocket companies.a. 

Purchase price: $125,000 Cash invested: $105,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, along with Jeff Dilldine, purchased a home on 09/13/2023 for $125,000 and invested $105,000 in renovations.

Once you move out in 6-12 month you now have 4 units debt servicing the mortgage and cash flow.