Having supported several investor acquisitions of small balance multi family recently and originating mortgages for the better part of two decades here are some quick pointers and considerations for investors: - Residential loans are considered multi family properties of 1-4 units.

hello every one 😎  am new for this  but i listen real-estate rookie so i need some help here so i bought a single family house in 2019 in Massachusetts and now i want to buy a 4 family so around Boston   to buy a four family house is between 900.000-1.1m and i wanted to do a house hacking so i got 2 options to do take a HELOC for a 3.5 down payments and show for the Leander i have at lest 3 month reserve or pay 20% down at this point i don't know what to do   

The next day I get a text, that a “family member” just happened to stop by and noticed “new temporary” visitors in the bottom apartment and there are new laws in the city starting June 1st for short term rentals.

About 1.5 years ago, I purchased (conventional loan) and have been living in a 3x3.5 townhouse with a family member (brother) in a first attempt to start building equity through a house hack/BRRR strategy. 

Thankfully I have friends and family that have done well, so I think I can pull out a sizeable fund $500K+) without going the syndication route, but I appreciate the comment.

I would suggest a duplex or tri or quad instead of a single family property.

They have a family-like comraderie.  

I was in Two 3 Family homes yesterday which converted 2 BR units into 3 BR units. 

@Caitlin Logue Single Family Houses  .Both LTR and STR

Typically, these are families looking to ensure the property is within the desired school district and driving distance.