Are they true commercial loans or conforming loans on commercial properties?

Even if we did stay here, properties are so expensive that it seems hard to get them to cash flow at all, which is the name of the game in buy and hold, right?

@Blake BroseI would somehow figure out a way to not use the term Turnkey...I think most investors that are not new to the REI game have now figured out that this option really does not make sense. 

Figure out the true cost of capital!

Like that you’ll  be able to determine if it’s true or not.

I guess you don’t end up paying off the rehab part of it if you did in fact get a loan for that portion of the deal...knew it was too good/easy to be true! 

Anyhow, I've been doing alot of reading here on BP over the last few weeks to get "back in the game" and here are some questions I have about moving forward: Should I get pre-qualified/approved first before trying to make offers?

I feel I live in a moderate area and to find a true duplex like you stated vs a converted the asking prices are usually 150k-200k which would bring in 1000-1200/ month rents per side.  

I hate that game.

How we evolve...To Erik the banker- that may be true with personal accts, problems with others depositing.