Here In San Diego,  some of My clients loan at 20%,4 points and 9.5% depending on the deal. down payment may go up to 30%, but my best guy stays at 9.5% which adter reading the thread I think is pretty good.

You will have to stay in one  of the units for at lease a year , but the great thing about this is you will the income from the 3 other units to hel pay down your expenses on that property

The way the politics are running in CT I would stay away if you can afford to.

If it stays on the market for a while, the prices tend to drop and the seller may be willing to accept a low ball offer.

Lots of incredible people from our area attend and love sharing their knowledge and can definitely guide you to the resources you need in your area.

2) Would I be able to use a 203 for funding, then split the properties after the fact, assuming I'd stay in one of the townhouses for at least a year?

I wish I had someone to guide me in a better direction but this is all I can think of.

**I would recommend that you stay away from these programs in doing your rehabs.

It's a fine line between keeping equity down and staying safe in a fluctuating market.

Since I was in Texas and planned on staying there after I graduated and I found out that I was qualified to take a test and become a real estate broker license, so I took the test and got my license.I kept that license active for about 30 years but I never did use that full time.