I have one lined up. just dunno how it'll work if I start to apply and then Capital One DOES come through. don't want to waste the other lender's time. doubtful he gets it done in 8 days also...will need to make arrangements for two families for prob at least a week.

Lots of investors have come to me asking for this kind of arrangement, but they typically are looking to buy properties in the $20k-$60k range. 

Basically the banks selling properties don’t want to wait for the time it takes to arrange financing so they default to “ no financing”.

This must be an ongoing arrangement. 

Commercial Mortgage Broker - arranges commercial loans based on their network of relationships on multifamily (5+ units), office, industrial, retail, hotel, and other revenue-generating assets, or owner-occupied commercial. 

Typically, appraisers will no longer communicate with agents other than to arrange access.

So far I have found neither of those therefore I continue to keep multi-units and SFR LP arrangements in two separate categories of my investing portfolio. 

Then call those banks up and arrange some lunches. 

Let me tell you, the construction process can be a nightmare, and the thought of having two mortgages with a middle class income can be a very scary thought.My wife and I were very lucky, and had arranged a place to stay (for the cost of utilities) while our home was being built.

They have experience, they handle most of the risk, they handle 98% of the hassle and they arrange the financing.