Hi Chris, I get that the most frequent and biggest delays to closing are typically from the originator, whether it is from an institutional lender or mortgage broker.

When you hit your point of critical mass institute your original strategy and pay those suckers off and enjoy retirement.  

One of the lending institutions just told me that for investment properties they need 20% down and 6 months mtg payments in reserve.

I have tried a few of the local credit unions and smaller institutions to no avail (15 and 20 yrs are most common).

You should have notified them HOW it was kept (interest bearing or not), as well as the name of the institution and address.

The large corps / institutional investors behind those buildings don't have flexibility on price due to their construction costs,   while anybody who has held a building for even 5 years around here can if necessary reduce rents a bit to keep things occupied if necessary and stay in the black.  

If you only have a few POHs you want to get rid of that may fit the bill too instead of rent credit, which is fairly management heavy to institute.

looking for suggestions into various avenues that can be explored pertaining too creative financing options on my first two properties, besides the obvious ( fam/friends borrowing , normal banking institutions) suggestions, info, strategies etc to point me in a direction, the leg work researching or exploring ... im fully prepared too do. id like too obtain both residential properties at the same time. location areas are 75068 ( Frisco , Little elm, The Colony areas) thanks ahead

I've actually found that some people want a relationship with the people who are putting their hard earned retirement money to work, rather then sending it off to large institutions they hope values it the way they do.I use retirement money for building new multi-family, new SFR, and flips. 

Institutional Class A/B leases rates in sub-market.3.