However Banks have state auditors to answer to and 20% down is required or if you have other assets to pledge, they might lend that 20% as well if you cross collateralize on another property.

Were you able to cross-collateralize?

Since not all properties will start/finish at the same time, and some will cross years (and need to be moved to WIP over the boundary), you need to itemize the purchases by property.Some of the charges might be COGS and some might be expenses. 

Thanks for all of your support and cross your fingers for me on the one I'm waiting to hear back on:)Xoxo!

I'm planning to cross-post this introduction to the Dallas subforum, but if anyone here reading this is from the Dallas area, please reach out!  

I do business in Stafford and Fredericksburg so maybe we'll cross paths.

I am a recent college graduate with a B.S. in Construction Management from Central Washington University and am currently working for a Marine construction contractor in the Tacoma area.

There's fine retired Marine at Pawleys, Clebe McClary.

Hello Abraham,You may be able to refinance all 5 properties under a blanket loan structure and take cash out for down payment or cross collateralize all 5 with the purchase of the apartment complex.  

@Andy Cross Union bank is more conservative and they like to see conventional applications, you have to show proof to everything unlike Chase bank & other big banks where you can set up your account with a couple of documents and signatures..