.• Financing: Explore options like FHA loans, conventional loans, or portfolio loans.• Cash Flow Analysis: Use a tool or spreadsheet to calculate projected cash flow.Based on your estimate of $300 per month in cash flow, make sure to verify that this aligns with your financial goals and risk tolerance.

Closing costs be way higher on a non owner financed deal.

That could be a good place to search for leads in the form of buyers seeking to purchase their next investment or realtors who may want to work with you to provide financing for their clients.

The only real difference between a 4-unit and a 5-unit is the financing.

But if you are brand new and maybe want to start tracking your finances in an online system like QuickBooks Online, then it might would take some about 2-3 hours to get everything set up.

@Jalen Scott I might not get approved with a multi family home for now however I’m definitely getting one in the future when my finances are in check

In general I would appreciate any advice in this endeavor, and any other help regarding financing as a first time home buyer in an owner occupied space in NC would be great as well.

How did you finance it? 

If you decide to get a Sun Tunnel type of device, get the ones with the rigid and inner mirrored tubes.Just like I don't try to answer questions involving financing, investing in entities that I'm not familiar with, etc... perhaps you shouldn't discuss items that you are unfamiliar with!?

I would likely be able to close on construction financing immediately upon the first home close, and likely have permits ready to go as well.