I'd just wonder how that's looking.On a side note, credit unions from my experience also have more favorable terms and quicker close times, compared to banks.

So, if you maybe have some apartments that rent for $ 350/month, they'll take a big chunk of your rent.And then you have those PM that want first month rent for putting in a tenant (which is quite common) and who have figured out that a bad tenant will move out much quicker and then they'll get another month rent from the next tenant.

They will be in and out much quicker that you or I alone.

I'd say continue to do what you're doing now with cash but be putting some aside for when you are ready to go multi-family so you have a big down payment ready, probably better to finance part of a multi-family 10 year +/- note. if you hate it, just buckle down and get out of it quicker.

This acts as a means for me to get my money back (granted higher apr +fees) quicker than waiting the 6 months.

I agree that mule-kicking a door is quicker with smash-and-grab thugs.

Subbing it out will be a lot quicker, but it will cost you more.

I think it's wise for you to finish school as it will allow you to build capital quicker.

"If we had just painted the door red, it would have sold a month quicker" type stuff.I am taking the risk of the loanThis is very low risk, relative to actually putting in cash.

I believe doing that would create a pretty safe and healthy portfolio, and if you have any additional cashflow pay down the loan quicker and do it again.