That equates to a loan amount of 160,000 (85k + 75k).At closing the lender will wire into the escrow account 85k, you'll wire in your 15k plus closing costs. 

Having things local is great for management, once you get into 1-2 hrs + commute I would hire PM. 

You might want to look into doing a reverse exchange.

Hey all,I’m currently looking at a mixed-use commercial property that includes some SRO (Single Room Occupancy) units, and I’m running into challenges with financing.

Also from researching I was told if there are mortgages on a property at a tax sale the bank would step in to protect their investment and pay the taxes to get the property.

I'm looking into moving to Houston Texas so I can purchase a Fourplex or triplex and house hack by living in one of the units.

Hey guys, I'm looking into marketing to probate leads in FL.

For example, we converted an office structure into a duplex, which forced appreciation and positive cash flow.

Glad to see another Bay Area investor looking into investing! 

Since our goal is to scale in real estate and we do have the funds, we would prefer to minimize the deposits and invest into reno where necessary and keep the capital for now for improvements, if they arise.