The only things left for me to do was to add appliances in the kitchen, add a fence in the front and had a lot of tree that were almost falling on the house after hurricane Baril, so I had to spend almost 5k in cutting the trees.

I'm in the union on long island so I have a decent W2 job to help get started, I think a house hack would be my best bet starting out but, what do you guys think?

So, we encourage you to play-the-game.WHAT TO DO?

Why do you think home prices will increase when rates come down?

You live in one and rent out the second room, while also renting out the other three units.If you are looking out of state, and do not intend to move there, I am not sure VA loan would be an option, in which case you will often need a higher down payment.As with all real estate, it is expensive.  

Quote from @Elias Halvorson: You probably can still do an DSCR, with a letter of explanation on the lates if you wanted something now, otherwise you can wait 5-7 months until those lates are no longer in the past 12 months and do a conventional loan  with better terms.  

Hello Elwin, If its free and clear you should just do a cash out refi.

While most DSCR lenders do require 20% down, there are some that offer 10-15% down options, but it often comes with slightly higher interest rates or mortgage insurance premiums to offset the lower equity.Here are a few things to consider:1.

Some banks, however, will allow you to do a "transfer of ownership" to move the property back into your personal name when refinancing, but it could involve additional costs and paperwork.Hybrid Approach:Some investors choose to buy property in their personal name, refinance with the bank for better terms, and then transfer ownership to an LLC after the refinance.

Who do you recommend?