title insurance/ certificate of title on property being purchased that provides a first lien position on above mentioned property in favor of *banks name* .... this was one of their conditions, this is my first property loan can someone explain what exactly this means, thank you.

Can some help explain the process to me?

After doing some research at BP, I reached out to @Brian Gibbons and he graciously gave me a free 15 min phone calls to explain the important concepts in SF deals.

What would be the purpose of the Refi that I would explain to the banks?

She returns my emails or phone calls in a timely manner and explains things clearly to me so that I understand what I am doing.

Negative ... as explained by another response, 4-plex is residential property.

Check out creditnerds.com they explain how credit scores are developed.Good Luck. 

This is how the lender explained it to me, I looked it up & it does make sense.  

https://www.biggerpockets.com/blogs/7595/47603-you...Feel free to reach out if you want me to explain the financial logic of this.

@Julian Kinzie, this is a perfect example of a property that can be wholesaled. but there are things that you will need to explain to the owners before hand. and you should also be aware of it too specially having your real estate license..