But he told me his job was to make those who worked for him to enable them to move up the ladder and in my business he said my goal should be to help your clients become millionaires and they will drag you along with them. :)Thanks for sharing this success story, Jay.  

And while I agree that debt is often the cheapest form of capital, if you are looking at a project that involves some form of value-add business plan, you can always refi either when rates come down or you have increased the yield on the asset to exceed your interest rate.But like Stuart noted, for many groups, even the most seasoned syndicators, raising call cash for their deals is effectively impossible.  

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?

For someone managing multiple properties or with a busy schedule, automating some parts (like initial messages) can save time while still allowing room for personal touches later.It’s inspiring to see your dedication to responding so quickly, even at 3:30am!

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

RE is really a small business and the number 1 reason that small business's fail is lack of proper capitalization..

In fact, approximately 40% of our business involves the Section 8 program.40%...

Was the business credit enough to put towards a deal? 

Lobbyist, Embassy business and Museums, these 3 alone are good examples and there not going anywhere.