Look into a DSCR loan that uses the property's cashflow instead of your personal income to qualify.This is a tax free move as you are using debt plus you still benefit from all the benefits of still owning the first house.Your future self will thank you for stacking houses this way as your cashflow and equity will build up over time creating long-term wealth.To Your Success!

How bad an idea is building for your first investment property? 

Thanks again for your time!

Hello, I've been looking into buying my first property and wanted to use a conventional loan on a 2-4 unit property.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

They will take advantage of the fact that your plates are green and will resent you at the same time.

Is building over the drive through limiting your ability to punch a hole in a wall, re-stripe the traffic pattern and, and put in a restaurant drive thru, when/if the time comes?

It's almost a full time job trying to figure it out if you want to get into the intricacy's of it.

I took my first attempt at BRRR and bought a house (Kansas City) for 200k, which will be my new residency, so I could use less downpayment and needed a second bedroom anyway.