Hi Everyone, I'm hoping someone can help out on this unique situation.

I have explored 80% LTV options briefly in the past, but the interest rates were significantly higher.

@Danual BerkleyI’m exploring my second property and getting funded through a hard money lender whom I’ve built a relationship with over the past few years through other means outside real estate.

It means that not only is it rare, it’s unique and genuine.

I too will be building from scratch but it's because we have unique constratints and personal interest in the layout design. 

If it's EASY to add an additional 4th unit in the attic, absolutely explore it -- but if you are going to need to do a lot of work on stairs and access, I would avoid it.

The realtor (referred by my wedding DJ) I bought my primary residence through 18 years ago knew I was investing in rentals and kept on sending me unique properties.

Happy to help if you're interested in exploring further.

Memphis is a very unique market and think having experience as mentioned above in knowing the areas and neighborhoods to buy will is vital. 

Purchase price: $1,150,000 Cash invested: $300,000Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read Vaulted Sunlights) that make this property truly one of a kind.