Once you grab your first one with a low down / owner occupied loan…you’ll get the itch to buy more and more and will soon begin to creatively find ways to fund additional deals.  3-4 additional properties / 10-15 doors will change your life.  

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

you need it MORE because you have two members. 

One bedroom room with an exterior door and no access to the rest of my house makes us between $500-1200 per month. 

The two 2nd floor units have 3bd 1ba, the two 1st floor units have 2bd 1ba.

When you pay $130k/door for something that should be $100k/door, you overpaid.  

So, you need to figure out how the two tax regimes line up before knowing the optimal set up or entity to use.3.

A lot tell me that not possible since two states. 

The home next door just went $300,000 over asking.

Two of the banks i contacted are insisting they can do 6 months seasoning on a conventional loan even after i questioned them on it.