I am currently house hacking a property and planning on moving out and renting out completely.

Once that term is up you have to renew at the current rate.

Happy almost Summer BP Community,I'm reaching out to tap into the collective wisdom of the community as I look to expand and accelerate my rental business using the BRRRR strategy.I currently focus on buy-and-hold investments in small multifamily properties (2-4 units).

This could also be called an 'equity play' where you are just buying the property to get into the real estate game and build equity, as it isn't cash flowing in its current situation (be it because of high interest rate, high RE prices, or whatever).  

Additionally, I’m happy to connect you with current partners who can share their firsthand experiences.Final ThoughtIt's important to be thorough and cautious, and I respect that.

As an investor, leveraging OPM (other people's money) is something that I’m used to and based on my current situation it made sense.

It will take a bit longer to lease a home currently, but if you bake that in, I’d keep it.

I’ve done it before with other lenders and don’t mind the “extra work”.Are there any known lenders out there who have a similar rate for condos currently and can work off of P&Ls and leases?

Depending on how strict they are, they could make you tear them down or at least bring them up to current code with inspections.You might want to go down to the Building Dept (or call) and ask (without giving an address) what they would recommend.

Co-housing communities are currently more "mainstream accepted" especially financing-wise.