Quote from @Zach Howard: Hi, I'm researching financing options for non-US citizens who wish to purchase multifamily investment properties - around 4 units to start with, for example. 

Glad to help.

Granted this was on plots of land I didn't pay for, and that are already connected to the city's water and sewer, so there's a lot of savings there, but I'm hoping if it turns out to be this good of a deal I can still scoop up land and keep going

Perhaps there is an opportunity for us to work together.Thanks again for responding.If you're looking locally, I'd focus on markets with a decent amount of activity/inventory so that you have more options i.e.

My client plan is to demolish and do new construction within 1 year.

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.

If you own the business, then it could be a problem, but if you work for someone else and get paystubs and a W-2, then you might be able to go with a conventional loan using full documentation.

How bad is this going to continue to hold back the CRE market?

I have even heard of nightmare scenarios that can go far beyond that.

I'm tempted to go with $7.99/month of "Quicken Business & Personal".