Certain suburbs don't have many options for multifamily, so you might have to open your search to other locations.

As mentioned, your taxes will be higher than the number they gave you as homesteads are taxed at a lower rate and you’re not living there.

I would probably have to return the down payment and option money to the end buyer, and he is probably going to sue me.

This is the 2 units + 2 ADUs scenario.I am worried Scenario A might push future financing option into commercial real estate only, which will limit my cashout refi options and the future buyer pool.From a lending perspective, since a "Land Use Restriction" is required to be recorded on the Deed to limit rentals to be longer than 30 days, the property thus will not be considered a true "5 unit commercial property" and my worries in Scenario A will not come to pass, right?

With interest rates at a steady increase, typically investors in Multi units are looking at 8-11% interest on conventional, commercial, and PML options.

DO NOT chase business by lowering prices, performing service for which you are not compensated at your desired rate of income, giving away consulting advice to people who will likely shop price, or accept any piece of business outside your field of expertise.4.

Transferring the conventional mortgage to the LLC afterward will, in many cases, trigger the due on sale clause which will cause you to go get the commercial mortgage anyways.The DSCR loan could be an option.

Hey Adrian - There aren't many options out there for investment HELOCs, and the ones that are available will be full doc...meaning income, employment and DTI are used to qualify you.

You have to weigh the cost payments of each and see, which is better or lower for you!

In the short term rental loop hole there is no loss limitation and that has the potential to be your best option for offsetting W-2 income.