Financing can make a big difference, and local lenders who understand house hacking and multi-family investing can sometimes offer more flexibility than big banks.

I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ? 

“BUT” up to 60% occupancy all of the cash flow goes to the bank for PI which is good.   

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

, plus all of the banking and bookkeeping features.

@Patrick Roberts @Chris Seveney - End all be all these divisions of banks and NMLS know more about me that I I know about me, lol.  

Is there a pre existing loan with that bank with either of you?

If its a solid investment:You can bank on the market and the status of the major economy.

I’d never had more than $2,000 in my bank account up until this point.

Most banks won't want to come in with a line of credit that is second lien on the property.