We specialize in working with real estate investors, and I’m confident we could help guide you through this transition if you're considering it.Feel free to shoot me a text or email, and we can discuss how to support your goals and get you started on this new path.Best,Matt

Thanks for your help, always looking to make connections, so feel free to reach out to me directly. 

Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.

Does this plan help you reach your goals faster or easier?  

But try this: https://www.homewyse.com/services/cost_to_estimate_home_remo...Let me ask you this.....I was even considering offering a service to 'walk the property' via video conference and throw out some rough numbers....do you think that would help people?

He was really helpful.

Thank you for any help! 

Learning some taxes on your own will always help, but understanding it at our level takes years.In your second example, he is correct.

But if they want the cash now, that will obviously not workHope this helps

Anything helps