Want to pull trigger on 12 plex....what am I going to need?

[Brock Y.]

I am a novice with the commercial lending side of things but saying I have:

1. 25% down payment

2. Credit (From what I read this is not as important)

3. History of being a landlord

What am I going to need extra? Money left in the bank for first 6 months, assets as collateral, etc. etc. I have read and read and cannot find a template as to what the expectations are going to be walking into the lender. I hate to be wasting my time and sitting on money if a commerical loan is unobtainable. Thanks in advance.