Was Offerred rates of 5-6.5% after few phone calls, with early return penalty for 3 yrs etc and company was willing to transfer money to my account in 1-3 days ( it’s not a line of credit)Thinking of using this as a down payment for my next deal, but it took me 4 months to find my last deal. 

Retirement accounts are designed to provide you with benefits at retirement, not prior to retirement.

@Account Closed I am a contractor but don’t do the work anymore.

I'm open to share what material I have, I would just like to have the ability to keep one another accountable and make sure we're pushing forward.

If you are going to move forward, and this isn't a scam (i.e. they deposit $1 mil in your account and tell you to carry on), you should probably visit a good contract lawyer to spell out what everyone's responsibility is and try to limit your liability if this thing goes south. 

@Christopher PhillipsSo all the money you own in rental properties, goes in your Income bank account?

Have your attorney draw up the paperwork and hold back a large portion of seller's funds in the attorney's escrow account until he's out.

Account Closed depends, if your trying to finance the purchase then yes its probably too small for a MHP lender to want to get involved even if it cash flows and the seller actually has real and factual financials about the asset. 

Your multifamily model might have a low to stagnant growth rate with much greater replacement reserves to account for roof and HVAC replacement.One of the great parts about commercial investing is the predictability of income.

Maybe a builder for their own account could do ok but here it didn’t work.