When it comes to a commercial mortgage, do you just wait until a couple of months before the mortgage reaches the maturity date before looking into refinancing or do you start the process within a year before the maturity date?

If you do some value add, you'll gain on sale plus have the benefit of having lived there for free for a little as the tenants paid your mortgage, and, there is no carrying cost while you do repairs or improvements - it's your primary home, so you're not losing anything by carrying that mortgage.

So if you make one connection to a private money lender and they do ONE deal, it is worth it.

Just sent you a private message to get your contact info. 

Reduced down payments are possible for multifamily buildings using financing options such as FHA loans, which are less expensive than traditional loans.Find local programs that can help with a down payment, look up programs in your region, get in touch with lenders or mortgage brokers in your area, and fulfill the eligibility requirements by attending homebuyer education workshops.

I would recommend reaching out to a mortgage broker that has a reputation of working with foreign investors. 

It takes me five months to sell the property and four mortgage payments of $570.00.

Our monthly mortgage amounts to around $2,000, while we generate $1,400 in rent for the upper unit.

Private money and my own capital How did you add value to the deal?

Have a co-signer to be able to buy the property since I’m still able to afford paying the mortgage even with the initial negative cash flow.