HML = loan sharks.

The audience I am working with is a panel of "shark" style investors from different backgrounds.

Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying all cash).In one of my main markets, I have developed a strong relationship with one of the regional banks there.  

This would also maximize your mortgage slot because you would have 3 units in one mortgage not one and this is using FHA so its even better from that perspective. 

You need to get with an attorney as the laws most look up relating to usury are generally applicable to lenders, not individuals and other restrictions may very well apply to individual lenders....this generally covers Lonnie the back alley Loan Shark type and these restrictions can be under various Chapters of Statutes.

at some point I want to subscribe to property shark but for now I'll start with city-data.

Hey Phillip - welcome to the coolest community of geeks and sharks known to man.Congrats on your first investment.

Your margins are razor thin based on your numbers and if things don't go as planned you could be taking a loss on the deal.

There are a lot of sharks in the world.

Keeping those things in mind, I began to narrow down my expectations and am able to have razor sharp focus on achieving my goals.