Plumbing inspector came back out and said he will not fail me but is only requiring the Engineering Report for the foundation which me and my plumbers have supplied him.

@Samuel Metcalf- thanks   1) I would recomend getting a HELOC in place on your primary residence duplex  for  as much as  possible...this should be available for  free or a low  cost and the rate will be variable in the  8-11%  range ...prime rate +  margin of  1-3% ) ...the min payment is in interest only payment on outstanding balance   2)  use the heloc for the  remodeling  costs ...pay it down as  agressively as you can   3) on the  purchase of the investmenet  1 unit -  you are  allowed to put as little as 15%  of the price for your down payment ...the pricing you get for the loan will improve  as your down payment  grows so you might look at  75% /  80%  and  85%  ltv  options 

If you need to talk through this in more detail feel free to reach out.

It's pretty sweet and free for me.

Download the free Deal Check app and start playing around with numbers and figure out how to analyze a deal.

Feel free to reach out, happy to chat further. 

Don’t be free and loose with your friend’s money. 

Feel free to DM me some initial details, didn’t see any on the website. :)

One way we do that is by pulling your credit report (but only after you’ve filled out our full loan application and agreed to our conditional terms).

Feel free to reach out, my info is below.