The other thing you need to look at when going down this road is the ability to create a spread at purchase by finding deals that go from pending back to active or those with high days on market (DOM).

In theory, all the Private Funding Source would have to do is deposit checks until I purchased the building four years down the road.

I am in Pittsburgh, PA and looking to raise money for a few deals on Brownsville road - specifically in the Mt.

Goals will not be achieved if you are always planning to accomplish them down the road.

You could always refi down the road to lower your payment if you had.

But I think the road to get there is cheaper with conventional lending up to 10 loans. 

I am going to follow the same road this spring with one of my properties.

This of course impedes much of the renovating that's needed, but I'm also concerned that even if I could get the permits for the renovations, I won't be able to resell it down the road.  

Are they going to take pictures of the property for you and put a sign at the road?  

If you can identify a growing area where you believe the appreciation will be forced up due to stronger rents then maybe you take a hit on smaller year-over-year returns and gear up for a big splash down the road. 5.