It was a little stressful as we were footing the bill for the mortgage ourselves for a month or two more than we would have liked, but there lies another benefit of going in with a partner to spread out risk and financials.  

But if you are improving any structural components at the property, you will need an engineers stamp on plans as well.

Welp, "average" rent is $685 and that's the average for occupied units, if several are vacant, don't assume they will fetch the average for the building without being renovated or improved.

Some of the corespondent investors that we use are: - Angel Oak- Caliber Home Loans- Deephaven Mortgage-Impac Mortgage Holdings- JMAC Lending- Pacific Union Financial- Sprout Mortgage

Just by first glance at the financials, you are getting by slim.

So the first part of that was a cash out refi on my condo(it’s SoFla, I owe 89k, condo is worth 138k now) to get money for my first multifamily property.The advisor I spoke to worried because I’ve only been “self-employed” for 6 months, she said they want 2 years of proof of self-employment.Any help on how to get my cash out refi so I can finally get on my path to Invest in Real Estate, financial freedom, and spending time with my family!

We had to have proof that we performed significant improvements to the property in order for them even to consider it.

Get creative financially if you have to.

If you are planning/needing to make any improvements to the units, it would be wise to factor in 11% (6 weeks/yr), at least initially.I'd go $300-$400 higher on the insurance, and $1000 higher on trash. 

Must make significant improvements.