Being a broker myself, I can attest to the incredible value you can bring to clients by understanding not only the brokering side of things, but the application of those funds. 

As a former banker, you may be able to do a cash out refi on your existing properties to fund part or all of the purchase.

If your firend wants to stay in the place AND has the funds/income to do so, they need to refinance in their name ASAP (as part of the process), not 5 yeas from now, not if they remarry, not 10years from now.   

Are you currently working on lining up funding or looking at potential properties yet? 

I only have enough funds for a 20-25% downpayment and was looking to do a DSCR loan to cover the rest.

My funds were wired on a timely basis with no fuss. 

There are also several funds out there that provide high single digit yields that are low risk. 

Most people do not know this is a legitimate way to fund your real estate deals and do it in a tax advantaged way.

They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).

This is our messages to Appfolio for the last two months, they are awful and holding our fund not to disburse, please see below - We have been trying to reach your company by chat, phone number and no luck.