Class A: around $250k each = $7.5 millionClass B: around $175k each = $5.25 millionClass C: around $125k each = $3.75 million- maintenance & tenant-nonperformance will require more unitsClass D: unlikely to work outSo, how are you going to turn $500k into at least $3.75M?

If you are looking for more cash flow, the first option would work best. 

Honestly, this is the first I have hear of this type of loan.

@Agnes Shin I would be careful of this as i know when i was using go high level i forgot to add my opt out into the first message.

Hi RickeyAs a first-time homebuyer, you have great opportunities in the condo market.

I would talk to a local bank or mortgage broker to see what you can get for a loan first and then go from there. 

@Joseph Alfie how well do you know the differences between Class A, B, C & D tenants/neighborhoods/properties?

You will need to save that initial income to buy your first properties, get your mortgages, etc.You don't need a college degree to swing a hammer, but that psychology class could come in handy negotiating with a difficult tenant.

I just helped someone to buy his first multifamily in Kingston.I'm licensed in NYC and Ulster The area is hot, I get great deals daily, and the price/rent ratio is good.

Then level the floor - really shouldn't need more supports after the first if they were installed correctly.