When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer. 

The seller is offering seller financing at 2% interest with a 9-year balloon.

Hi Lina -- I'm based in Dallas but wouldn't know the laws for the city and county of Kyle, Texas.

LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.

I've been offering it for nearly two years.

Compare offers from the lenders, paying attention to interest rates, closing costs, and any penalties.

Banks who offer construction financing tend to be 75-80% LTC and alternative/hard money lenders will sometimes offer higher LTC leverage than that.

Based on some of the research done, I am inclined towards starting out with a small multi family investment property (2-4 multi family home).

And if you base an offer price on that, you'll likely have an extremely difficult time getting any traction. 

The beauty of this is that intermediaries who work with me know that I make “fair” offers based on VERIFIABLE facts, that I follow through with completed deals unless important information was with held or information provided was false, and that there’s absolutely no value in presenting deals to me where the seller/borrower/investor is unrealistic, naive, or otherwise wanting to “test” the market.