Hey Faiz, It will depend on the type of loan you do.

There are three or four lenders doing them with huge down payment and the highest rates.Rate depends on property type, your FICO, equity/down payment, number units, qualifying type...

Investor type level hours don't really count but are still good to keep track of to further prove your case under audit.Great post Account Closed. 

If you are using an agent to rent your property, then his MLS may or may not syndicate with other websites such as Zillow, Redfin, Homes, 'Apartments.com, Trulia, etc....you can check by typing in your home address on each of these websites to determine if your property was syndicated or not.7 If it wasn't syndicated, then yo will have to post it up individually on these websites. 

While HMLs advertise Points & Interest rates, you'll see there are MANY more Fees associated with this type of loan product, in addition to a lien being placed on your property and a short timeline typically to operate within before they foreclose if you're not able to exit/repay the loan.

What made you interested in investing in this type of deal?

When you say multifamily - what type (# of units) are you looking at? 

Purchase price: $1,360,000 Cash invested: $500,000 What made you interested in investing in this type of deal?

I'm in a beach market so that isn't an issue for me since its so seasonal.Proper is the gold standard for this type of insurance but you'll pay like its actually gold :) 

He actually said a week, but I feel silly even typing that!