I have educated myself on 2-4 unit duplex/multifamily with the hopes to live in one and do a 3.5% FHA loan and then resell after a year.

I currently do not have any student loans, car payments or other debts besides my mortgage. 

The current condo I own is non-warrantable which eliminates utilizing traditional loans. 

As a college student traditional financing won’t work for me anymore as I already had to get my father to co-sign my 1st loan.

I am currently  in the process of purchasing my next primary home in GA using a VA loan and my own savings as a down payment. 

The balance on the Loan is 40k.

I would buy a property that needs a little bit of work, and then use a hard-money loan to pay for the property and the repairs.

Original Purchase Price$305,000Down Payment$28,793Closing Costs$11,527Rehab Costs$80,500Mortgage Costs$30,056Utilities$1,275Taxes$2,729Insurance$1,251STR Furnishing$10,142Total Costs$125,953LTR Income$7,000Net STR Income$21,234Total Income$28,234Total Capital Invested$109,246Appraised Value$540,000Loan LTV%70%Loan Amount$378,000Mortgage Balance$325,148Closing Costs$9,805Cash out$43,047Net Capital Invested$66,199Starting Equity$133,207Value Created: $67,008Hours Worked: 595Hourly Wage: $113I was only able to refi at 70% LTV, so I left $66k in the deal.

You could also consider unsecured term loan options and zero percent credit cards depending on your credit profile and income.Temporary Fixes: If a full repair isn't feasible right now, you might consider temporary solutions.

The loan was originally $25k.