If you start drawing first without knowing what lines you can color in you may be wasting time / money.

I’d be cautious dealing in that type of property even if you had experience, a nice cash reserve as a safety net and a bank lined up which it doesn’t sound like you do.

I have mentioned this many times before but what do you think would happen to the auto industry if all vehicles had to be paid for in cash like many foreign countries.. that's why there are so few cars in many of those countries.. and what would happen to private aviation where light aircraft enjoy 90% financing for 20 years at 4 to 6% interest and there are tax benefits but they start at 400 k  and light jets that start at 3 million or light turbo props at 2 million.. yet hundreds of these are sold each year .. all because of credit.and just like commercial airliners many are leased and those leasing companies are buy 50 million dollar or 100 million dollar planes with credit not cash then leasing them to the airline.s   bottom line credit freeze's we see what happened. 

I want to vet and qualify them  as well.Sometimes it's better for me to say NO to a passive investor or a direct buyer wanting to be my client if our goals do not line up.  

Upon discovering the issue I reached out to their investor line and they remedied the situation within a few weeks.

Our thought with buying ourselves a home is that we could take out a line of credit to use towards purchasing a multi-family.

He said he is willing to adjust if I can find Actual rents that are more in line with the current market.

Hi, I’ve got a deal lined up but am confused about the final funding.

On the train line? 

Three 2 bed/1 bath, one 1 bed/1bath.