We haven't talked rates or anything but a down payment of $15k was mentioned.The seller is definitely motivated since they are moving so I'm trying to make something happen before another investor gets in the way.Assuming each property is purchased at $70k that makes the total price $210,000.  20% of $210k is $42,000 which means I would need $27,000 from the seller to reach a 20% down payment if going through the bank. 

Thanks @Jay Hinrichs I wouldn't' consider this a whopper in terms of total profit but in terms of effort involved it certainly was lol.

Just simply refi the investment property...estimated balance with all costs rolled in $110k = $590/month P&I = $1702/MONTH TOTAL between two mortgages (-$100 in cash-flow compared to option #1) (5% rate for investment property) 

@Chris Wiedeman You are totally right.

She asked me to give her the total price of the furniture  I bought so she will pay me off in one check payment.

His apartment was a total gut job.

We are in contract of this apartment building in Kansas City, MO. 6 units, needs a total rehab/rebuild.

What I later found out from the seller is that this house is part of a bigger lot with a total of 6 units (Yes!

I totally agree with you man.

The problem is when people start losing jobs or when loans are given to unqualified people.I know these "end is near" and "are we at the peak" type posts are totally click bait.