Hi All,I am currently a small investor in Florida market in SFH and I am interested in breaking into the big boys club of Apartment Building investment.  

I've only had one small issue and I was able to call a friend and he referred me to someone that was able to help me take care of it.

I'm sure there are small details I'm missing but is the overall concept right?

Which at 2 hours of use a day for the small ones, would be 41 years.

You can find great calculators at bankrate.com that will help you see how even small additional payments can reduce the life of your loan.  

So I'd say the seller(s) should consult with an attorney or accountant, but it's possible they may owe much less than 15% or nothing.Also as Account Closed said, seller financing is also often attractive to people who are concerned about taking a big tax hit in one year - instead it's "pay small amounts as you go, over time as you receive the money" and is great for a number of reasons (no or a favorable interest rate for you, no bank BS, build long-term relationships and credibility with future sellers, possibility to discount in future with a payoff offer, etc.).It's worth having in your mental toolbox even if you don't use it on this deal.

Is it possible to find financing (via fannie/freddie - or portfolio loans?) with 20% down on a 2-4 unit investment property?I recently had a lender tell me that 2-4 units will require 25% down. I'm ultimately trying t...

You may want to split the funds up into 1/3 s a small amount in different buildings

We have raised a small RE investment fund that will acquire multi-family assets on its own, but also has the capacity to invest up to 20% of its assets in other syndication.  

I recently just passed my real estate test and now I am searching for a small investor friendly brokerage firm to hang my license with.