If you cannot walk into your local bank and credit union and based on your relationship with the bank IE large deposits and I am talking in the multi hundreds of thousands.. or very large incomes I am talking in the multi hundreds of thousands.. and or very long experience level I am talking decades there is NO money at those rates. what there is   is money at 9 to 15% or higher.. once you grasped that concept and folks stop wasting time.. then you just plug those numbers into your deals.Now if your talking about yoru 4 mortgage slots for rentals  that's a whole nother story but if your looking for fix and flip type funding  etc etc.. the niche is the HML in the country and there are a lot of themget a copy of the Scottsman guide there are list there of reputable national HML.

I can't tell you the stories I have heard-How to finance the early deals?

Anyone that can refer me a company/contractor in Chicago that can do this type of scope on a 12 story building is appreciated.  

Long story short I would like to do this again obviously the goal would be to create a huge portfolio.

Moral of the story, Fannie Mae and Freddie Mac along with HUD loans are not sold down to street level investors.  

Let us know how the rest of the story plays out. 

So I have a successful BRRR stories, but there were a handful of mistakes made which is why I am posting to see if you can point them out and learn some lessons.  

If REI was my primary job it might be another story.  

I know a couple, got a brilliant deal on 12 town homes in a row, they haven't lived together for the last seven years as he has to occupy one of the townhouses to make sure the other eleven stay honest.

Paying off your primary residence is a different story.