Lastly, for a Letter of Intent from a lender, there are two pieces to the equation; the strength of the borrower and the strength of the commercial property. 

Common pitfalls are poor underwriting, poor risk assessment, being over zealous, sacrificing prudent lending practice to gain an edge on competitors, no take-out for you loans, lack of available capital, over-promising borrowers and not delivering, improper loan documents or the absence of material docs. 

I was wondering if anyone has borrowed from them.

I borrowed money for my first investment but it sounds like you should have enough for a FHA loan.

IRAs are subject to unrelated debt finance income (UDFI) when borrowed funds are utilized to invest in real estate. 

Looking for a little advice:1) my principal home is valued at $430k with about 130k equity in it.2) I have an opportunity to buy a 140k condo for 100k in which my father will be the tenant.3) bank will let me borrow up to 90% LTV which works out to 85k and I will have to bring 15k cash to the table plus fees.My question is- is using the equity in my home the best way to go?

But the more I think about and learn, I'm just wondering if it would be better to just refi/borrow against equity, on one or multiple of the three properties to get the down payment ?

Investment properties aren't cheap in SG relative to MY or IDMy two cents on Singapore's property market from an expat former banker perspective:-cap rates (income-expenses before financing relative to property market price) went through the roof since people see limited land--peaked in 2015ish, but still outrageously low-interest rates dropped low enough to sustain borrowing on these low returns-building has continued without parallel demand growth (supply>demand)-Singapore employment regulations are being more and more protectionist (and an ageing population) so you won't see foreign labour growing significantly in the next 5-10 years IMOPersonally, I would be more interested in Indonesian office/industrial/MF just from macroeconomic factors, but there's opportunities in every market if you find the right niche.

Me and a partner purchased a SFH home Dec 31st in the Richmond, Virginia area(I used a LOC and he borrowed from his 401k).

I'll borrow $55,000 against it to pay off my Line of Credit and have a down payment for an auction I'm going to.