I can only imagine that they got a bunch of big time investors and business loans to grow this out.

For financing, would we then want to get a DSCR loan under the LLC or should we start with conventional loans under our name until we hit a certain number and then move them over?

@Patrick Roberts & @Tim Delaney- which lenders/ loan types are good for 80%?

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?   

I'm considering using hard money lenders or DSCR loans, but it seems like DSCR would be a bit complex.

Is the loan assumable? 

Atlanta MSA is great and growing, but Multi-Family supply coming on line there both now and through next year is significant, wouldn't this be a better/cheaper deal 1 year from now?

If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal. 

However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.