Better if the company has a lot of info in writing that you can absorb to minimize this.

Our company can Offer 7.5 30yr. 

Instead of shelling out $60K for a $250K deal, maybe some of you can help me figure out (or give referrals) to title companies, etc, or give overall advice how to save me money from this enormous financial endeavor (closing the deal).Thanks!

I own a mortgage company now that does both residential and commercial finance, but I spent years as a commercial banker with both big banks (First Union/Wachovia) and 2 community banks.

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

Quote from @Mel Rosario: HiDoes anyone know which companies that are willing to insure multiplexes in California, particularly coastal Oceanside, CA? 

And my IMPRESSION is that with MTR you are getting 1) traveling professionals (nurses) 2) relocating professionals 3) Insurance company temp housing for claimant remodels. 

A lot of my out of state real estate clients really like this market because the macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.

10) Knowing what to do if tenant is late on rent or doesn't pay.There's a lot more, but many here on BP self-manage and learn via "trial by fire".Of course, you can always hire a Property Management Company to handle it for you.

There are a couple of companies out there that will let you do a cash out refinance with no income!