FYI, we were able to get a 5.5% rate from their recommended lender with 20% down.  

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Also, consider working with lenders who specialize in multifamily financing to ensure you're prepared when a deal comes up.If you need financing options or guidance on structuring a multifamily deal, let me know.

If you are going to raise equity, you appear stronger if you can originate bank debt at a lower cost than alt. lenders.

But make sure to build a strong core 4 if you invest out of state (deal finder, your property manager, your lender, and your contractor).5.

I’ve got a great team including contractors, real estate agents, and lenders.

I would talk to a number of residential, private, and commercial lenders.

The lender won't release either one from the loan until it is paid off.

If your property is residential single-family owner-occupied in a good area, the buyer has good credit, made a good down payment, and twelve or more on-time payments have been made, you'll be in the lower range.Note buyers, just like lenders, won't go above a certain loan-to-value (LTV) ratio.

Lenders want to see two years of stable income before they loan money to you.