If selling the home, my name will be off the current loan, my nephew can be on by himself when they buy a smaller home.

My name is David.

This Mobile home and Lot is under my name.

While I’m happy to share lots of information with folks it’s very rare that I will give out information like my primary contractor’s name or the names of any of his subs because I keep them busy full time and am not willing to lose my own time with them to someone else.

Additionally, most investment loans on multis now require at least 25% down.Lastly, going back to your point, I do work with some small local credit unions and banks that offer a 5% down owner occupant on a multifamily.

Any investors in Memphis have recommendations on small local banks for business checking accounts?

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I am curious to know if anyone has ever done business with a private lender named Dave Laca.

The borrower was overqualified, the property was cash flow positive, I approached a local lender and due to the strength of property and borrower they provided essentially conventional terms of 25% down on a 25 year amortization where as other investors could only consider the transaction as cash. 

Hi Shi,I'll connect with you and send you a couple of names!