Because the standard loan application specifies "no borrowed funds".

From my perspective ( I am no expert) prices have risen substantially over the past 7 years (as everywhere) and it is difficult to find properties that meet good cash flow criteria at the moment. 

Hello,My partner and I are in the market for mid size to large apartment buildings and we are hoping to meet up or chat with some local multi-family property managers.  

memphisinvestorsgroup.com  This is the only local club in the area but there are several smaller sub groups that meet that are sponsored by this club.

I'm in a career where I constantly meet all kinds of people and the encounters I have with people involved with real estate are always the most inspiring.

And check out the Arizona RE group at http://azreia.orgThere you can meet local investors who might know more about the local market.

I presume not the same way as a standard multifamily deal ?

Do you have information for a local club for the inland empire and a meet up?

My wife is an architect and we have private investment capital available, but we don't have that much experience in the CA market so we'd like to meet people involved in new construction (passive house), add value projects, as well as re-entitlement and fix and flips.  

I am excited to be apart of such a great community and hope to continually learn from all of the BP industry professionals.As of now, I am in the learning/networking stage of all things real estate and hope to meet a few mentors who can guide me with real world experiences.