From all the info that I've gathered from everyone's post and experience they are a better way of producing cash flow than a single family home.My question lies in the quality of renter multi-family homes draw.

If the lender inquires about you, don't lie about it, but I doubt they will.

He lied again just to not make himself look like a fool.

Because the bank knows me, I can show I don't need their money but I'm willing to borrow from them, my experience, they trust me, I can also pledge other assets unrelated to the property. 100% isn't anything really, I can get 125% or 150%, it's not based so much on the property as a business loan.I'd say most you claim to do that with seller financing might be stretching it, lying or committing mortgage fraud, but that's another matter. :)

Account Closed Take Ben Leybovich's advice & assume everything the owner told you is a lie.

YOU'D BE LYING!

If you have extra money lying around, is it best to put that money towards your mortgage or invest it in putting 20% down on an investment property - single family home or duplex?

Lying on this form can include jail time and up to 250k fine.

If you plan to be in business long don't hide or lie about anything it will bite you!

One of the big lies told new investors is "cash flow = rent - PITI payment".