I suppose I should have specified, but I am looking to invest in the US as the limitations and opportunities in Canada for the criteria I am looking for; Class C, Construction 1980's and newer, Price $12M-$17M, with 100 units or more is highly challenging to acquire, here in Canada.

the refinance is supposed to pay off all the loans and cash used.so if you use a HELOC for the down payment and finance the rest - that puts a lot of pressure on the deal because you're paying expensive financing costs each month.

I suppose it would be best to ask the members of my meet up what they do.

The paystub also has misspellings of the city the office is supposedly located in.So then I tried googling her, and a woman in Miami, FL with the same name does exist, but she looks nothing like the woman I facetimed with tonight. 

This one does qualify for conventional financing but I suppose the only way to be absolutely sure would be to go through the conventional loan process. 

@Hansel Barretono, you buy the 4 plex with a low money down loan, and live in 1 unitisn't supposed to cash flow, just offsets your mortgage with the rentsbut of course you can even rent out the rooms in your unit and sleep in the basement or on a couch or whatever

Was supposed to close today finally but learned that 1. the lender suddenly changed three days ago, and the closing costs including pre-paids are over 13k.

How is he supposed to become a good landlord without going through these management situations.

This has become a process that could take 8-9 days to complete, and closing is supposed to be 7 days away. 

does anyone know if i am supposed to collect rent for the month after a Tennant dies or just give the family a month to get belongings out and not collect rent?