4K mortgage when I bring in 6k a month… for a 3 family home. Very conservative estimate of 1500+ minimum from other two units when rented. Demand is definitely there
Is this over extending?

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Seems like it can be a bit tight. Can you afford this if the units are vacant or have cash set aside for reserves/repairs? 1500 each for the other two units? Or total

Sounds like this is NYC metro area - Be sure you're building in with buffer on repairs and maintenance and property tax reassessment, feel good about trajectory of the neighborhood for price appreciation and rent hikes, and ability to screen tenants. Otherwise, it's definitely doable

Budget will be quite tight

As long as you have $12k to $15k set aside as a “just in case” fund, you should be ok.

Have you found a lender than will underwrite that deal?

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