When you go ahead and do a cash out refi, the most LTV you usually can get is 75%, if its a multi unit likely only 70% LTV.

If your credit is not as good, you don't have much for a down payment, need a seller concession closer to 6% rather than conventional max 3%, or are looking to purchase a multi family home FHA would be your better option.

Especially in the investor space where you have a multi state investor .

The HML lender is predicated on an appraisal.So to me it is NOT and all cash offer with no contingencies.Cash from a bank account is cash that the buyer controls.Not a third party giving them the money OR part of a corp they control OR another entity that has cash but is tied up in something else."

At the same time, it's good opportunity *now* to be long those failed multi-family as well as long we purchase the unit at discounted price.Another trend that we see is many offices is converted into multifamily space.

Think duplex without the multi-family title.However, given your stage and goals, you should also consider house hacking, especially since you initially considered a multi-family property.

And you probably already understand this, but another part is how your approaching your marketing, amentities, and hospitality service on the platforms itself.

Download the video and share via Dropbox, G-Drive or OneDrive with the VA.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

My focus for 2024 is to get into another multi-family house hack on my own or partnered up.