My main goal is as followed  House hack live in one unit rent freeMake $1k net per monthHave 30k-40 equity after rehabbing the property2-4 unit propertywhat I have as my financial outlook is as follows177k-182k2k debtcredit score 775I have year w2 with business income shownI (CARE ONLY ABOUT CASH FLOW I DO NOT CARE ABOUT APPRECIATION), and for that reason want to find a 3 unit place, I do not want to go to Newark and I am from Paterson NJ which I don’t mind hands on.

My main goal is as followedHouse hack live in one unit rent freeMake $1k net per monthHave 30k-40 equity after rehabbing the property2-4 unit propertywhat I have as my financial outlook is as follows177k-182k2k debtcredit score 775I have year w2 with business income shownI (CARE ONLY ABOUT CASH FLOW I DO NOT CARE ABOUT APPRECIATION), and for that reason want to find a 3 unit place, I do not want to go to Newark and I am from Paterson NJ which I don’t mind hands on.

If you're willing to house hack your next property and do not mind moving around, I would think you will be able to purchase another one in much less than 5-7 years.

I'm not accusing you of doing this but just keep that in mind.

If you wouldn't mind breaking it all the way down for me?

Kevin, I like your idea about getting a loan on a multi-family property, I will definitely keep that one in mind.

If you dont mind the drive, Elberton, GA is probably one of the best places to buy granite in the southeast.

You also have to keep in mind that in our current state, building is very expensive and has turned off a lot of developers.

Something else came to mind.

The beauty of the option period is that it gives you the unrestricted right to terminate the contract for any reason whatsoever, even if you just change your mind.