I'm currently doing a rehab on a 7 unit multifamily that I own.

And provide what her current income status is if she has no job, than provide a bank statement that shows she has enough money in her account for a rainy day, should the alimony stop coming for whatever reason.

Option 1:30 Year FixedLoan Amount $202,500.00LTV 75%Discount Points %0.00Prepayment Penalty (3/2/1)Interest Rate % 8.225Origination Fee % 0.00Underwriting Fee $1,645.00Monthly Mortgage Payments $2,018.76Broker Fee % 1.25Cash From Borrower $78,081.01Option 2:5/6 ARMLoan Amount $202,500.00LTV 75%Discount Points %0.00Prepayment Penalty (3/2/1)Interest Rate % 8.025Origination Fee % 0.00Underwriting Fee $1,645.00Monthly Mortgage Payments $1,990.40Broker Fee % 1.25Cash From Borrower $78,052.65I'm not sure what credit score is being used to qualify BUT this looks to be inline with the current market rates for a 75% LTV cash out on an invest property.

While my goal would be to purchase a triplex or quadplex near my current area in New Jersey, I've seen that they can be quite hard to find.

(also, no debts at all and credit scores over 800).Really want to avoid selling current home and renting it back for a while from the buyer until I find another home, get a loan for the difference.

Sometime in the future, there will be a new innovative design that will replace the current open floor plan trend, but it certainly will not be anything resembling what we had back in the 70s and 80s.

We're not actively buying but when we jump in the river the current is strong in the wrong direction (like described above).

All of the properties have the same reviews and same issues as my current property.

Given that purchase price is low it is hard to use the property as collateral.

My current strategy is to maximise equity over cash.