Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Quote from @Stephen Brossard: I’m looking to acquire my first rental property, leaning towards multi family.

Investment Info:Single-family residence buy & hold investment.

But you have to be there 10 years consistently after obtaining the proper residency and approved permits AND meet the annual donation requirements, THEN it will be reduced to 5%.However, after reviewing this again,I feel all the other details associated with Act 60 is not really worth my while.

I'm currently renting it to a family member under the agreement that he moves out in time for us to sell it within the 5 year window so my husband and I will have lived in it as a primary residence for 2 of the last 5 years (we moved up to WA a year and a half ago).

Please let me know if you have any suggestions or insights into how to work around this, or how to revise the ownership to get things moving... or if you know of lenders that will lend to a trust.Property is a single-family residence in need of $65-75k rehab.

Loans from a bank are about 8.2% for single family homes.

Investment Info:Single-family residence fix & flip investment.

- Moving beyond 4-plex turns into commercial mortgage loans, which I think will reduce the pool of potential buyers.- If we play to hold, I'm not sure if the rental income will make this a worthy enough investment, but I could be wrong.What do you think of this situation here?