That’s Teacher union propaganda.  

Most credit unions won't touch this loan and the big banks don't offer great terms (lots of fees).

My background is in the banking industry, now at a credit union.

If the LLC will be directly investing in something more likely to create a lot of transactions, then a true bank/credit union checking account will be better. 

Does anyone have any recommendations for a bank or credit union for financing my first fourplex.

Does anyone know of a credit union that will do a 80% or better LTV on a rental property?

Use a credit union , like DCU ,penfed,signature fcu ,Nfcu...

@Mike Bell  Call around and check with credit unions or smaller banks that do portfolio loans (they keep them in house and don'' resell them). 

I have a few questions:1) Is a $175 a decent cash flow amount at this price point The cap rate on this property I found ($75k) turned out to be about 5.5%, again, not sure if that's a good amount.2) Lender I found that would lend me such a low mortgage amount is a credit union, and is quoting me closing costs around $4500 of which is a $795(!!)

If you know any banks or local credit unions that I may be able to use please let me know.