I'd drive around the and find a few multifamily communities that you could see your self living.From a financing perspective, new agency guidelines are allowing for a 5% down conventional loan product on properties less than four units. 

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

. - The next tier of lender qualification is a formal loan commitment.

When it comes to long term debt, lenders need to make sure the loans can be sold on the secondary market after they are originated.

My current loan is at 2.68% so no way I want to refinance on that one.

This can either be done in cash or through another loan.

Here's my situation: I have 2 rental properties. 

Here’s a quick break down.I can’t get approved for a loan because my DTI is about 5% too high with the property.

I recently applied for a commercial loan and was approved for a sizable amount.  

Hard money loans are out there, but they expect you to have skin in the game too, and some experience.