While I prefer a straight seller note, this bldg. was under a bank lien, and they would allow a land-contract, but seller mortgage in 2nd position.

@Mallory ThompsonThen, this seems more like a straight up question that you will have to answer for yourself. 

Once this is calculated, it's hard to see much more upside in single family home investing if you have the capital to jump straight into multi's.On top of that, as @Carl Hebert mentioned, you have at least double the units that you would have compared to a single family home, which is that much more that you will be receiving to offset your mortgage or any other property-related debts. 

Meaning, these items are independent of each other in real monetary terms but may correlate and have causal effects if no other aggravating circumstances are in play.We need a GOOD macro-economist on these forums to set us straight!

People just recently started caring about this real estate sector (after 50 years straight in which nobody cared).

The government just added 3 trillion dollars to the money supply (and more coming soon), most of which goes straight to stocks and real estate.

If not seems simple enough looks like you have to apply on their behalf and the money owed goes straight to you.

I have considered both a cash out refi, and a straight home equity loan to get capital for a down payment on my first project.

In that case, go straight to the seller go knock on their door and present your solution.  

And this is straight up DC....VA and MD don't get credit.