@Kevin Kong, good for you for setting your sights on a 3-4 and getting the plan in motion. 

Who knows maybe one day I'll reach out when I'm ready for Self Storage (high on the list) :-)@Greg Dickerson I know consistency is key, will def keep on trudging - contacting brokers/analyzing deals even when it gets tough@John Warren good point that there are a lot more multifams opps, plus institutional buyers arent really focusing on my unit range so hopefully that'll be in my favor for now :-/

I hear it's good to build a relationship with a local bank for favorable terms and portfolio lending in the future.

It's a non recourse product with favorable low int rates, longer 10-12 yr terms and up to 10 yrs IO

This might be a good idea, if the interest rate spreads are in your favor.

not sure which is favorable for you situation but what I do know is:car loans will impact your debt to income ratio, but as long as you are in the preferable % range the lender wants to see you are good also installment debt utilization does impact your credit scores. 

If you were to refinance, the terms will likely be less favorable than the terms of the initial purchase loan.  

It's the only leverage you have.Do yourself a favor and arm yourself with knowledge. 

@Isaiah WrightI haven't done a seller financed deal yet, but I've been doing obsessive research in the past couple weeks.This pros of this purchasing strategy are that the terms are negotiable, and you can get away with putting low or no money down in exchange for a favorable interest rate and sale price to the owner.

On top of these avenues for structuring deals, there are many levers you can pull to make deals more favorable and provide higher returns.