I’m thrilled to join this vibrant group as a first-time homebuyer currently under contract on my first home! 

Same as what you're doing right now, I'm focused on getting into a live-in-flip.Did you find your property off market?

I have read dozens of reviews and forum posts on PMs in the Cleveland area.  

But with every successful transaction, my confidence got a boost, and I got more comfortable taking on bigger projects.

Should I put heloc on the 3-plex due to the current low rate and use the cash to BRRR?

Is/are the loan(s) on the properties a high int rate?

There was a water supply line that got damaged during hurricane Milton, resulting in a $600 water bill.

I have almost 50% equity on my current home and have opened HELOC line on it just before rates skyrocketed, just to have a back up cash for emergency purposes.

Made this rent roll pro forma w NOI, would appreciate any insight from seasoned commercial investors AND any help on a loan.

One fun fact to consider is that your first use of the VA loan does not come with the lending cap so if you did want to try and get a 4 unit on that first purchase you may be able to shoot a bit higher if you can qualify for the loan, which in VB may be your only avenue to multifamily without going toward the Norfolk area.