I've shopped for duplexes in this area and they are hard to find.

I am about to start the process of shopping for conventional loan rates and getting pre-approved, but am concerned if I shop too much within a short time period it will adversely affect my credit score.Does every loan inquiry during the shopping process negatively affect your credit or is there a "grace" period after the first inquiry?

So this brings me to what ideas and questions i have: i am looking at a nearby new construction multifamily property (townhouse), where the area/location has great schools and convenient  to many amenities such as shopping and easy access to downtown.Also, this townhouse is a new construction property and should reduce or eliminate  my expense cost for the first couple of years due to warranties.  

I've used IRR in many of my larger shopping center analyses in order to drive value, because while a CAP Rate maybe very low let's say in the first few years, if a group is looking to hold the property for let's say 10 or more years, then overtime the goal is for the CAP Rate to go up.

The goal I am working toward is the cash out refinance and knowing that the bank can't call the loan due gives me some peace of mind knowing I can shop around and not rush the refi.Thomas S. - I could certainly pull up to the 75% LTV limited by the cash out refinance rules.

Also, we happen to know that the shopping center on the southeast corner of Berkman & Briarcliff has been purchased by an investor group and is poised for redevelopment when the current tenants' leases all run.

Shop around and get the best rates, closing costs (if any), and % they can lend based on your equity/appraisal. 

Yeah and if the restaurant industry got rid of all those pesky mom and pop shops and every restaurant was like McDonalds or Applebees the dining customers would be so much better conditioned to accept mediocrity.I know you believe that as a landlord I owe my time and energy to the "charity" of the "Landlord community" to try and make it better.

And yes...I'm shopping for the Denver market but more importantly I'm shopping for a great deal that will work for me.

Recently moved to Florida and am setting up shop :)I'm looking for a Tampa (or Brandon) mortgage broker who really understands lease options.