If you have a property that say you had for 20+ years and you still owe say 100k to a traditional bank but it is now worth  700k, can you pay off the 100k with the proceeds of the sale and owner finance the rest 560?

I'm not seeing absorption rate issues, but really need to sit down with some subject matter experts so I can do a quantitative analysis and 'pitch' with confidence (to investors and banks) before buying our next apartment there.   

As far as banks go, these would be my recommendations:- Bank 21- Cornerstone Bank- Fidelity Bank- TriCentury BankGood luck!

Go to a small local bank

I was talking to the bank, and they have two options.

Juan Ayala you can try US bank but they’re not local to Texas.

Get an actual interest rate from a bank - for investing, it'll probably be around 5.5% (depends on your credit).Don't purchase based solely on the 50% rule (I've said it several times, but once more won't hurt).

Using your own money or using the bank money?

Shop around to your local credit unions and small banks.

What's the most efficient way for me to accomplish this.  1st bank I talked to said they would do 75% LTV because it was an investment, then came back and said only 70% because it was a duplex, that was at 5.75%.