I'm just concerned that they are paying to much for the revenue they are getting.They are listed at 210k each and hope to get them for 180k each and the gross revenue is currently 3,800 combined.

This combined with more units and a crash does worry me.Any more thoughts on the topic BP Nation?

Or a combination of bank financing and owner financing?

Cash combined with courage in times of crisis is priceless.

My wife and I have a plan to buy an Apartment building with at least 24 units, and live in one of them (maybe two if we can combine two units for a bigger space?)

I like the combination of both notes and income property.

Advantages using VA financing:- can use rental income when vacating your currently primary residence to purchase another primary home even with no documented equity requirement in your current residence (conventional requires 30% equity to do so, and FHA requires 25%)- can use 100% of the rent minus the entire mortgage payment while FHA/Conv makes you discount your rents to 75% of the monthly gross minus entire mortgage payment with VA- can be combined with mortgage credit certificates(MCC) depending on what your income limit is in your specific state/county and this can provide a dollar for dollar benefit for approx 20% of all the interest you pay per year.

I just wasn't aware I'd still need the actual application as I thought I could combine then on TransUnion.

But you will have shorter loan terms, balloons, ARMs or some combination.

Personally I use a combination of llc's and insurance.