I've found many homes that would be great fixer uppers but I'm still having problems finding lenders and which option would be best for me as far as the loan.

SFRs with a basement apartment are fairly easy to find or create, and very easy to sell.If you've got some handyman skills and bought a Fixer-upper "duplex" home, you might be able to create some equity pretty quick and pull a HELOC within 6 months or so and use that as a down-payment on another rental. 

I was able to put only 1k down due to first time home buyers assistance covering the additional 7000 on a 190k property.i am living in the lower 2bd 1 ba unit and renting out the upper unit 4bd 2ba per room. with 75% occupancy of the upper unit, total rents equate to 1425 (includes deduction on rent for resident manager $100).

the only concern i hear frequently mentioned is 100% knowing your able to refinance. try running a few deals past your portfolio lenders (assuming you found them already) and ask if thats a property they would refinance and how long because there may be a "seasoning" period that hard money lenders might not want to wait for. it could be devistating if your stuck with a hard money loan and cant refinance your property.i personally put 1000 down on a house in minnesota, because first time home buyers assistance covered the additional 7000 on 190k property. i am living in the lower 2bd 1 ba unit and renting out the upper 4bd 2 ba. 3 of the 4 bedrooms are rented out totaling $1350 (including resident managers discount) in rents and i believe i can rent out the 4th bedroom for 350. the piti is $1400 so essentially my exspenses are covered while i save money and put it back into the remodel of the unit i currently occupy. my plan is to refinance in 2-5 years after i fix up both units and then use cash as down payments for more properties.

Why do I find a frustrating in entering this business is that once this a fixer upper had it’s open house it’s a feeding frenzy of outbidding.

My last two purchases were both off-market from an agent that knew I was looking for fixer-upper investments.

She said the listing realtor told her some of the units already have separate deeds and most of the apartments are fixer uppers. 

hey @Stephen Beaudoin im looking to buy a multifamily fixer upper.

I wondering about the possibility of turning this into a upper and lower rental.

Saw this article headline in the Times Union?Time to start buying in Arbor Hill? Thoughts?