Maybe if you had a good, secure location to store things you could pre-order stuff you think you might need for your next project(s) and stockpile it.

What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

Interest rates decreasing a little more will be necessary to make this possible, too (DSCR loan).Also I will have another deal refinanced by then and gain about $70,000 of capital from refinancing that.

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

Quote from @Guadalupe Batana: Learning about different types of loans is always a smart move, especially as an agent.

Mfh is an unfair game because you need a partner to help you with the experience question when getting a commercial loan.

I toured the property when they were home and they asked me how the living situation was gonna work, which I explained that my loan said that I had to live on the property for a year, and the tenant next door was on a year lease & he was month to month... so he was going to have to leave.

Another thought - are you considering an FHA loan on the next one?

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Investment Info:

Large multi-family (5+ units) buy & hold investment in West Allis.

Purchase price: $294,500

Cash invested: $144,000

This was my first commercial MF and off market deal. My agent ...