This is an idea I thought of recently, given the challenges I foresee facing having sufficient capital for the first property, which ideally would be a multifamily property and house hacked.

It really depends on how much capital you have to purchase and renovate, and what the ARV of each property is.Investigate your local market by visiting properties in person to get a sense of the market. 

That's going to be your best source of capital before seeking owner financing or private money. 

Occupancy, rent rate, operating expenses, capex, financing, capital stack, fees would be known up front.    

Quote from @Matthew Hamilton: There isn’t really a “penalty” for having the property as a rental for three years, but you may lose eligibility for the federal capital gain exclusion if you hold it too long.Here’s how it works:The IRS allows you to exclude up to $250,000 of gain if single or $500,000 if married filing jointly when selling your primary residence, as long as you’ve owned and lived in it for at least two of the five years leading up to the sale.Since you moved out in March 2023, you’d still meet that “2 out of 5 years” rule if you sell by March 2026.

Local builders and national homebuilders sometimes joint-venture on land acquisitions too, especially if the path to 300–500 homes is realistic.If financing isn’t an option and the seller wants a fast close, you’ll need a partner with both capital and development capacity, not just private lenders.

We obtained ownership via foreclosure, when the borrower was unable to com-lets the project due to inability to refinance/raise new capital.  

Has anyone recently worked with Infinity Capital Finance? 

.)• What’s capitalized vs expensed• What’s part of unamortized loan costsOnce you set it up, staying organized becomes way easier.2.

I’ve been studying both active and passive investing for years, and now that I have real capital to deploy, I’m focused on finding the right paths to diversify, grow wealth responsibly, and protect it long-term.I’m not risk-averse, but I’ll admit I’m a bit overwhelmed by the number of niches, strategies, and opportunities out there.