Put in a lowish offer and find tenants with good credit scores, clean backgrounds, not temporary employment, good references.Other questions: - If all goes well I could refinance into a conventional loan with 20% down after the seasoning period or about a year.

It just feels extremely low over the long term if doing proper CapEx or full turns/remodels over a period of time.Not trying to be confrontational, simply curious of what they were.

The money he is lending me is only for atime period of  3 to 6 months.

And if conventional, I would imagine they would have to be held for a certain period of time. 

I have only owned the multifamily properties for a short period of time.

We also have an engagement period prior to this that covers planning an design work. 

Andrew Fredrickson I basically saved 10k over a period of time.

That's what option periods are for!

Technically your not selling property your selling a contract .things like double closing is a way around it cause at one point you take possession for a short period of time during the process so the property becomes yours to sell.

I encourage buyers to talk with the neighbors during the inspection period, because if there are problems with the HOA or community, they will give you an earful.Now here is the funny part, or sad part really.