It is possible to do both as long as you meet the criteria required to obtain each loan, AND you adhere to the owner occupancy requirement for each loan.This is what BPers like to call house hacking, and it is a very smart strategy of building a portfolio with the least amount of out of pocket investment.Now, step back for a blown mind moment......ask your lender about the FHA 203K or 203B renovation loan that allows you to rehab a property using an FHA loan in which FHA allows you to finance the rehab expenses

Another company wanted to hand over their entire short-term rental management portfolio to them and they turned it down...it was almost 40 units I think.They already have the infrastructure to handle this just not the knowledge.

I taught in CPS for six years while developing a small portfolio with my wife...working hard to expand it right now. 

As to exits (beyond the aforementioned investors), I could leave the existing financing in place and add it to my rental portfolio.

Usually you have the home style loans for a conventional lender, they take time to close though rates might be 5.5Then you have portfolio lenders usually local bank who can fund repairs and purchase.

Do you want to expand your portfolio?

What do you currently have in your portfolio and what are you looking to add?

If you create your chart of accounts in an excel list you can basically download your banking in excel format and quickly classify transactions with consistency.From there you can sum each account and quickly run a profit and loss report.I like QuickBooks because as I grow my portfolio I have all the functions I need and I can run year over year reporting.

I need to find a different lender (maybe portfolio or commercial) that will do 75% LTV on the duplex.

Also where would you like to expend your portfolio, locally or out of state?