The main condition was I had to have the downpayment (20%) first, close the deal, and then execute the owner financed 2nd mortgage. 

We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies. 

Quote from @Zeona McIntyre: Hey @Blake Winiecki I imagine you live in Florida but I would reconsider investing the area for one main reason - climate change.

This property had a main house, a pool house, an apartment over the 3-car garage, plus a 1,200 SF guest home.

lima one does spec loansbuilders capital.they mainly rely on experince they want to see you have done 2 or 3 in the last few years.. 

The main Real Estate one, On The Market, and BP Money are some of my favorites, but I also listen to the Rookie show when the topics are interesting. 

Is the property under a high tension power line or down wind from the horse rendering factory or on a main thoroughfare or some other obstruction that you wouldn't want to live near?

ID=Wilmington-Main-Monthl...

Yeah, after brokering 300+ DSCR loans, I'm finding they are good for 1-4 units mainly.

It ended up being the main water line to the house that was old/rusted/damaged.