Once we started construction, we ran into several major problems including a steam pipe running through a kitchen wall that we were planning to open up, a huge leak inside a couple of walls that required the replacing of a whole exterior wall, damaged subfloors, major termite damage that resulted in a replacement of the sill plate in the master bedroom, needing to upgrade full electrical service (and split it into two separate panels) and a corroded water line that required emergency replacement all the way to the street in the middle of winter during record setting cold temps and a snow storm. 

To borrow money for two reasons is not possible as traditional lenders like banks or other mortgage lenders will do hard pull on your credit score.

I started in real estate at the age of 19 working traditional retail real estate.

A search didn't come up with any related topics.Do traditional lenders ever lend on more than one property and draft it as a single commercial loan on both properties when they total 5+ units?

Sitting here in CO with a foot of snow on the ground, I've been looking at houses in Bradenton and other area around there.

I currently do the yard maintenance and snow removal but I am looking into an HOA that does some similar properties nearby.

They were so cheap I could fund them myself. 1) You can get bank loans or loans from traditional lenders like mortgage companies but that is extremely tough to do right now and usually requires substantial down payment. 2) There are Hard money lenders- high interest loans for investors - usually will require a down payment and some of your own funds.3) Some people use money partners.

If they are looking for a traditional retail transaction simply forward that information to the agent you are corresponding with.

Just be ready for a lot of snow!

John,You have a better chance to accomplish a back-to-back closing with a hard money lender than you do with a traditional mortgage.