It would be considered a seller carry back.The buyer would have to come in with some down payment money, you create a note, and the buyer would have to secure bank financing.My good friend Bill Ham wrote a book called Creative Cache.

Could be an absolutely gigantic cost and ruin the deal for you, or could be small.

A HELOC is secured against (in this case) the primary and can be utilized for either a proportion of the down payment or (if you have enough equity) the entire purchase price. 

There are some bond programs both county and state level that you can get the downpayment and some closing costs paid or go new construction and do the same via the builder.

They can’t lend you more because if they have to foreclose it will cost them at least 10%.)Then you want to take that $300k and get a loan for another $300k with that $300k to buy your dream home.

This is because keeping a property nice has associated costs.  

The barrier is the additional complexity - now you are operating two sets of books, and filing two tax returns, and have more operating agreements, more state registrations, etc, need to manage cash better, need to keep in constant mind that your rents need to be a supportable FMV, which may require getting third party certification on your rents so that in the event of an IRS audit, what you have done is supported.In short...the size of the project, and the taxable income, need to be of enough scope to make all the additional costs and annoyances worth it. 

Hello I am local to Cleveland/Akron Market and also beginner in real-estate looking for connection that i can work with to secure my first two  investment properties .

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.

@Rania MutumheHouse hacking means turning a place into a rental space, which calls for fix-ups, planning costs, and expert help.