I'm looking to acquire one or two multi units and am interested mainly in positive cashflow.  

In addition, the loan does not have to be repaid until the borrower no longer occupies the property.home equity line of creditA mortgage loan, usually in second position, that allows the borrower to obtain cash drawn against the equity of his home, up to a predetermined amount.home inspectionA thorough inspection by a professional that evaluates the structural and mechanical condition of a property.

I'm paying 8% for hm right now, and I'm not sure  a non-conventional lender would go into a backup position for this type of loan for much less.

My experience has very positive for the most part.

IF you are set on that you want them to grow with you then you can set a number and a dollar figure for this position. 

I know some people get by paying for real estate with credit cards and other craziness, but most people still standing in 10 years are dealing from a position of strength: good credit, good reserves, good boundaries with others. $1500 is peanuts.

Though, that would require another post.There were some positive things about my experience with Jonathan.

@Mike Van Arsdale So, the problem is that you can't get a LOC from a commercial lender unless they are in the first position?

I have a substantial monthly positive cashflow for many of these properties.

I have been wondering if it is worth it as I have heard positive and negative about the results.