Advice on gameplan for high unit building acquisition

[Ilya P.]

Yes. I'm looking to either transform single family with high Sq footage to 3-4 units. Then add adu

or buy a 2-4 unit that has value acomparable that has value add potential.

Ultimately I need 5 units to have experience with lenders.

Then refi and pull cash out.

I need like 600k as a down-payment. I figure I'll get mayhe 250k from the refi based on 5plex noi and comparables.

I'd like to take a loan for the other 350k for example to meet the 10% down payment on a low income building hud loan.

Is there an easier way to get into A higher unit commercial building?