They want current tenants out, or at least assurances they would vacate, before they finalize the deal.

Good day,I'm at the final stages of my VA cash out refinance and the lender is requesting a use of funds letter.

Along with the final absurdity that, "You will Own Nothing and Like It." 

A while back I heard that you could buy a fourplex with and FHA and then after a year somehow role/transfer that FHA onto a triplex and then a duplex and then finally a single family home?

I heard that you could buy a fourplex with and FHA and then after a year somehow role/transfer that FHA onto a triplex and then a duplex and then finally a single family home?

It is further compounded by the fact that when you do finally increase rents, it needs to be a big increase.

There some signs of the market calming down a bit finally, but contractors are still booking weeks out when you find a good one. 

And finally let's say he's right and you're borderline, you just need a backup plan.

Glad to hear your finally ready to take some action.

Fresh out of college and with my first professional job nailed down, I was living in the finished basement on one side of a duplex in a rent-a-room situation.