Eric above did mention some good options for going non-recourse, but even knowing those loan options, it can still be "apples to oranges" even amongst the companies offering those programs. 

Before acting, always get several bids, and compare apples - to - apples!

Sure, yes all great responses and we are not comparing apples to apples.  

Of course our financial situations may be a completely different story and then it’s apples to oranges....

So even the cost-of-capital is far from apples-to-apples when comparing.  

They can walk over with cash, mail a check, or do electronic transfer, and I just get deposit alerts from my banks I-phone app.What's great with working with the local bank is when it's time to purchase another rental place, minimal paperwork required since they already have the rental income history :)Congrats on the first investment property purchase!

Or maybe it’s my new iPhone.

I'm going to take a digital detox today, work on some deals picking up value-add property for under market value and forcing quick appreciation through improvements/increasing rents, and then I'll go outside and pick some apples.

:) Thanks I did download the ebook on my iphone and plan to read all the great suggestions.

Not sure of the amount of the loan.Ask around as the above quoted rate may be apples and oranges or Red Delicious vs Granny Smith.