You do not want to purchase into an HOA that previous owner did not pay his share of up coming cap ex leaving the buyer to pay the majority of the costs.   

I’m Curious of your thoughts on selling one of your properties while owner financing only the appraisal gap if needed. 

Purchase price: $55,000 Cash invested: $100,000 Sale price: $820,000 Fix & Flip in prime marine park in Brooklyn, one family 3bd duplex just off the park. got this deal as REO, since houses in this area are selling as is, we did just minor renovation.

A W2 job will likely make it easier for you to obtain financing for your future house hacks.

Josh, first thing is, you are owner occupied and that gives you more freedom to do things.

I am looking at acquiring two bed and breakfasts whose prior owners did not keep good records or shut down because of Covid. 2M and 3M sale prices.

It can definitely work if you're able to build relationships and create rapport with park managers and owners.

Yes, most of our DSCR products do NOT have pre-payment penalties (as long as you are not refinancing AND had the house on the market in the last 6 months) and with 20% down would be the in mid's 7's assuming good credit/DSCR over 1.00 etc. 

But for non-distressed properties that qualify for owner occupied financing the MLS is a great resource.

v=JrYtD7gSWsI I think this owner needs to screen his renters a little better, And fix that hole in the wall.