Your strategy of partnering for the down payment is exactly what I’m working toward—leveraging relationships to make things happen.

This decision effectively reinstates the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements nationwide, pending the Department of the Treasury’s appeal resolution.Click herefor the full article which includes the new reporting deadlines.

Usually on commercial loans it’s 20%-25% down payment(relationship with local bank) rate between 4-4.75 (depending on your credit & debt), 20-25 year amortization (in small multi family it’s 20 & large multifamily it’s 25) and 5 year term (some banks do as long as 20 in Oklahoma).

Generally:--better rates--local relationships--local decisionsAs I said: generally.

They can evaluate your specific case and guide you through the process effectively

You're smart for recognizing the importance of building relationships...very few wholesalers in my area understand this. 

Some of them have phone numbers as well, but pretty much all of them are marked as Do Not Contact.Does this seem like an effective track to stay on?

The company I worked for even had a relationship with the property manager.

@Cynthia Lee Depends on your jurisdiction, your relationship with the tenants, and your end game plan.

@Jay Hinrichs has posted on that in the past.Many people like to try and hide their identity because of the spotlight effect which refers to how people often overestimate how much others notice (or care about) them, effectively inflating their own importance in society.