Moreover, 75k'ish properties are more scalable with commercial lending once you start acquiring more. 

I currently invest in buy and holds part time and would be willing to lend you a helping hand.

Shoot me a direct message if you have any more questions regarding multi-family or commercial lending!

However, there are those who will use FMV or even the Tax Appraised Value (TAV).Just ask each lender what their lending criteria is and you will find out their expectations and qualifications needed to hopefully mover closer to your goal.Big Henry

I lend at 12-18% plus points.  

Is this a "in what capacity are the banks lending" question (investor v homeowner)?

@James FrieryHi JamesYou need to get last 12 months actual operating stmts and analyze deal based on actual numbers not proforma numbersBanks lend on actual numbersOne way you will profit is by forcing the appreciation by increasing the rents.  

Thank you for any help/guidance you can lend!

Their terms are not as favorable as the larger institutions.  

HML's lend 65-75% of value, so that's out of the question, and they don't lend on owner occupant properties.