And yes I agree it does seem a little out of reach, as far as funding the rehab, what other suggestions would you have?

I was born and raised here and moved back over a year ago after an 8 year stint away and I could not be happier with what I have seen going on in Buffalo.

I also got a proof of funds from one HML so I can attach it to my offers. 2.

Hi Everyone,Been doing a ton of research lately, reading books, listening to podcasts, reading the forums, etc......It seems nearly everything I come across is geared toward becoming a GP, getting deals, raising funds etc......However, that is not what I’m looking for, I own my own successful company, love it, and not looking to give that up, strictly looking to invest. 

It may take as long as three months for a bank to provide the loan funds.

Much like a conventional brokerage, they hold funds and execute at your direction the transactions you choose. 

Hi everyone,I’m interested in raising debt for small multifamily deals but I have a few questions about it and how I want it to work with my proposed strategy.One of the things I'm wondering about is how to structure a deal with multiple debt investors and what security they can be offered.

I was going to just request a HML for just the purchase vs. the 70% ARV, as I can cover the entire rehab with my own funds but the cost difference does not seem to be worth putting up the extra $17,000.

Since it sounds like most of the debt on the properties are not even on-title (business lines of credit), you'll have access to the most funds as a lump-sum this way through one transaction as opposed to individually refinancing them. 

The only snowball I'd worked on was toward a career where I'd get more and more work, less and less time, and always thinking "I'll be happy after the next promotion/raise/etc."