Instead, these funds were allegedly diverted to finance other real estate transactions and for personal use by Wettengel and co-defendant Tanya Muro.

If you need help with financing, let me know!

How did you finance this deal?

That happens in spirts and to be honest it doesn't happen very often.As for my loan they have been 30 year conventional financing, not DSCR loans.

Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.

Conversation in local Bar, say I would pay all CASH How did you finance this deal?

They found it out, andI had to go to the planning board and zoning board, hire an engineer and architect to make the fourth unit legal.In my opinion, the realtor should have verified the zoning, and if you used bank financing, it's pretty rare for the bank to miss it as well.You are probably going to have to hire an architect to draw plans and to get it approved as a triplex.I wish you luck.

but, my my first question with these posts is why can you not use conventional financing anymore? 

Mixed-use with some residential could also add diversification while keeping it simple.What’s the tenant mix like, and how are you structuring financing?

But at a $1.5M asking price, as long as you don't have to spend more than $300k in rehab (without raising rents), this is a slam dunk deal that should easily be financed  at 75% LTV by a "investment real estate-friendly" bank/credit union that is located fairly close to the properties.