- Do you have any reliable contractors who have experience in doing rehab work for your properties?

They may be able to finance you at a low down payment if you have experience, reserves, and FICO as long as the 65% of the value can support the entire purchase price  I wasn't saying 0 down, but the concept of full return of capital. 15% land purchase cash. in columbus land is let's say 50k we build a triplex for 350k which is very close to 15%. small entitlements, reserves required, etc whatever lender asks for. multifamily sells for 200k per door in our market over 4 units, we are pushing the values up. first ones we are working on because of rezoning, etc but it's a full refinance on 6 month seasoning and do it again. that's the scenario that I was outlining. we do it in the urban core of Columbus where new construction trades at $325 a square foot or more for higher rents and higher equity. we could still put more units per parcel in columbus. these are all infill I hate Lehigh acres. overbuilt, no infrastructure, no commercial drivers or asset.

I am in the NOVA/DC Area and am wanting to start/build a rental portfolio.

Dominic is a history teacher in Chicago who clocks in $45k/mo from a real estate portfolio he started building 27 years ago.

About / Members – Neighborhood Building Owner's Alliance (nboachicago.com)Another great spot to check out would be the Straight Up Chicago Investor's Podcast website which keeps an up-to-date list of meetups as well. 

I agree with building upon a successful strategy, rather than stepping too far out of your comfort zone early on.

Is there major tech jobs and limited building starts.

On top of using softwares like AirDNA, it would be a good idea to look into actual listings in the area and check their occupancy ratesWhat’s a reliable source you have used to check occupancy rates? 

My question is.. does anyone have experience getting a conventional primary loan to build a 4plex and what if any experience can you share regarding the building of one.

You will build experience, you will have a property that builds wealth, and you will be ahead of the curve when the market turns favorable again.