The proceeds could be reinvested into something with better returns or even used to simplify your finances(Like Bettment still offer 4.75% for new customers, and you don't need to do anything!).

Its almost like a finance mentor your getting, along with someone you can trust to prepare your taxes. 

@Jordan Kaylor   In that case, you would be using what is called "delayed financing" which just means you will be financing the property after you already own it (as long as it done before 6 months after closing) and if there is not current financing on the property.

Investor pays $2K program fee and 25% of the note acquisition price (they finance the remaining 75% via a participation agreement - at 12%).

Many banks wont touch deals that are sub 90% occupancy, so you could negotiate short term seller financing to help give you runway to make the building bankable for a refinance while you reposition it.

My first deal would be all cash, and if all goes well, maybe a year or two later another deal with some financing.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I got the building under contract and then figured out financing.

Knowing your long-term plans can help you build a long-term financing strategy so that you are not just worried about purchase number 4, but also purchases 5 - 20+ (if you plan to continue to invest).I'm an investor and licensed mortgage broker.

I have a few properties and am also a mortgage broker, happy to answer any questions about general investing or financing options.