Thanks Ray for the input and sharing your experience.

Hello All,My name is Ray Jones and I am a new investor in the Washington DC Area. 

It will cost real money but I recommend Ray Alcorn's Deal Makers Guide to Commercial Real Estate.

@Ray JamesThe simple answer is no, I personally would not, if for nothing else that to pay 5 points (4.9 pts technically if I recall correctly) and 15% is way too expensive in this day and age of competitive lenders.  

Hey @Ray Johnson, thanks for your response.

Congrats @Jason Ray Richardson!

@Ray Harrell My  net rental income comes in at 4x my regular W2 job, so I'm not too worried.

Ray Dryjanski

Thanks,Ray

Originally posted by @Ray Martin:if the owner is paying the utilities , go count the meters and verfy that the buildings are legal 9 families, there should also a public landing meter for each building for the hallways and out door lighting . i dont know what state your in but also make sure the tenants aren't on some sort of programs where the landlord is required pay the utilities to have the tenants .