Brand new to all things real estate but excited to learn about investing techniques, make connections in the community and begin the journey of financial freedom!

Hey i was wondering if anyone knew any dscr lenders that would be willing to take the 2nd position on a loan, i have a property in Oakland california where the seller is willing to finance 85% of the purchase price at 5% interest, The asking is almost 4.6 million on an 18 unit apartment, i dont have the down payment for the remaining 15% which would be 689,250. the seller is willing to come down on the price and at market the apartment brings in 41,255 per month, tenants pay thier own expenses. i tried calling a couple of lenders but they said they wouldnt take the 2nd position or would only finance until 90%.

In addition to furnishings, t will need work (such as new countertops) to meet my vision for upscale couples retreat.

I know a couple good ones that are investor friendly if you need.

Thankfully buyer was patient and still closed, a couple months later than anticipated.  

It’s outside of their comfort zone.I use a Swan camera system at strategic points on the property to see who is coming and going and a couple of cameras inside.

Even if you have to travel a couple of hours, you have a much better chance of finding someone.How to approach a mentorOnce you've found a likely candidate, it's time to reach out and ask.

I have created a detailed DCF model to analyze the investment and have stumbled across a couple of questions that I hope you guys can help me answer.

I've been working with an accountant for a couple years but when we purchased our first investment property, it became clear that he's not the guy for the job.

Be sure to get a good mini split system if it is for the long run.. don't buy the cheap brands