Even if you obtain higher rents by providing them a lease option, I think this strategy would be rarely worth the hassle.

Good Morning Nathan,After you have acquired your personal residence there are sources where you can obtain a Home Equity Line of Credit (HELOC) for the equity portion of the property.Some sources require a seasoning period.

Olivia Boardwine I'm actually working on obtaining mine I think it helps that your involved in the industry to help you understand the process better and it opens the door to potential networking opportunities.

May invite additional costs to obtain new tenants.

To both Leo and DeWitt, thanks for sharing.DeWitt, as Canadians, we are experiencing difficulty in obtaining financing.

Is obtaining business credit a good way to acquire property?

If you bought multiple properties from the same seller you could obtain a title policy for the total purchase price but covering multiple parcels.

To make the question more clear: Can I buy a property with 5+ units and only lease out 3 of them in order to obtain an owner-occupied FHA loan?

This knowledge can only be obtained through increasing your knowledge (reading, networking) and experience.

So I’m curious as to how I could obtain funding for my first deal fairly quick?