- It may need some TLC, may look like a disaster with current tenant packing and more - which may lead to no applications or lowball offers.

I am looking for someone who can give me guidance on both my finances and ways to build my portfolio.

.• Financing: Explore options like FHA loans, conventional loans, or portfolio loans.• Cash Flow Analysis: Use a tool or spreadsheet to calculate projected cash flow.Based on your estimate of $300 per month in cash flow, make sure to verify that this aligns with your financial goals and risk tolerance.

Otherwise, I would have to say just say no and move on and wait for another applicant to come along. 

Closing costs be way higher on a non owner financed deal.

These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.

That could be a good place to search for leads in the form of buyers seeking to purchase their next investment or realtors who may want to work with you to provide financing for their clients.

@Jalen Scott I might not get approved with a multi family home for now however I’m definitely getting one in the future when my finances are in check

The only real difference between a 4-unit and a 5-unit is the financing.

But if you are brand new and maybe want to start tracking your finances in an online system like QuickBooks Online, then it might would take some about 2-3 hours to get everything set up.