Find out how much down payment you want to put in to the project.1. 

I have another non-real estate business.

We were thinking about taking a loan from that to put a down payment on investment real estate, but he said that he thought he wasn't eligible because he was no longer technically employed.

Chances are you need full rent from all 4 units and good down payment maybe 30-40% to make them break even or cash flow if we can find them. 

hi from the date you got notice that a payment was proceed how long after did you get your payment?

Imagine you rented it out for a month and then missed a payment and rented for another month.

The downside is that tenants miss rent payments and have to take them to court twice.

they need non recourse because properties held in retirement accounts cannot have recourse loans they MUST be non recourse. 

We do have enough for 20% down payment.

We could put a down payment but need funding to buy.