In Oregon, I'm not able to do 1-4 units without being licensed but since you are acquiring a 6-plex, then this is something we may be able to support.

Like a lot of new investors you are probably feeling pressure to acquire real estate which can unfortunately lead to bad investment decisions.

Our plan is to use the loan proceeds to acquire more properties How did you add value to the deal?

I just acquired a little 2 bedroom condo last month on owner financing with $7,250 down and the owner is carrying the note for me for 12 months. 

These are questions that you should have asked before getting into business with a partner and flipping a house.Whether the partner has an LLC or not is not important to you unless you are listed as a member of his LLC.How did you both acquire the property?

Definitely interested in the local networking and how to acquire financing.

I leveraged a HELOC on my first property in the amount of $200K and utilized that as a warchest to start acquiring cash flowing multifamily.

What was your strategy to acquire duplexes? 

During the past four years we've helped investors acquire 50+ apartments throughout Oregon. 

@Daniel Sabatoif you just have 'home equity' and no cash... i think that won't cut it.how many SFHs did you acquire?