I agree, the term itself seems to have been the result of backroom jargon as any pool sold or collateralized will be based in part on the WAM, Weighted Average Maturity of the obligations.

@Sam Booth Yes to the Oil based Kilz on the sub flooring or something similar to help kill the odor.

Several times a week I get ad based emails from Easy Street Capital thru biggerpockets emails.

There may also be other creative financing alternatives available, such seller financing, partnerships, private money lenders, or utilizing the equity in your current home.Do extensive due diligence to evaluate a multi-family property's finances, condition, rental prospects, and market worth before making an offer.

However, with high confidence my old property will sell quickly in my current local market it is well worth getting into the next property quickly if the numbers make sense based off the new mortgage.

There is prequalification criteria and the programs have different requirements based on the prequalification responses.

I’m Lauren, a professional with a background in web development, IT, and teaching computer science.

Considering this constraint, I am contemplating an alternative approach: constructing a fourplex on a suitable piece of land.With a capital investment of 25%, I am curious about the financial viability of this strategy.

Based on the above projections I receive, I then decide to move forward with the property or look elsewhere. 

As an alternative, would you feel confident retiring on $5k/$10k/or $15k/mo of income that increased about the same as inflation every year?