3.5 is high for sure, but lenders DO conduct extensive due diligence, including environmental, obtaining an appraisal and review, review of survey, title, they usually order flood certs, sometimes hire an abstracting company to review and approve budgets, draw schedules, etc. and leases if you're looking for construction to perm, and so on... requiring a sum up front is far from unusual, especially for a construction loan.

I'm curious about whether my plan for acquisition this coming year is half-baked...I'm a single mom of 3, renter, who's been drawing only about 40K annually from her business so that i could systematize it with employees and scale it (which is working well), so I can draw more out of it this coming year, but my credit is maxed out and I have no cash. 

Instead of taking out individual mortgages on each new property, is there a lending product (similar to a line of credit) where I can draw capital for purchase and rehab?

The area is definitely on the upswiing and being close to the colleges and the park are a real draw.   

Unfortunately if he drew it on the drawing the inspector is going to make sure you follow the design. 

The thing that draws me to Chicago is the multi-unit aspect/ scaling.  

Their speeches help fuel the excitement needed to attain goals.Speaking of speeches, I’d like to draw your attention to one you may never have considered as inspirational.

So, I am back to the drawing board...

I'm not a person who deals with confrontation well, and I would prefer to give them a chance if possible, but at some point, I have to draw a line and get what's owed to me.Has anyone else in the group ran across the same issues ?

Back then the major draw was how much support the revitalization projects had from major developers, Mayor Oscar Goodman, etc.At that time I was comparing our downtown prices etc to other major cities downtowns.