Do you mind sharing who your lender was? 

I'm not in that area but i wont mind meeting up

If you living there you'll find like minded people who could then be your tenants.

The advice I see is that you make your money going in, I have my eye on something and I have my final offer in mind, but my two cents is as long as the price allows you to profit...Never go over....GOOD LUCK!

Other fees may include appraisal, processing, application, etc - so it's good to know these details up front before you decide on a lender based on interest rate alone.Also, keep in mind if the lender is a Broker or Direct Lender (brokers bring deals to direct lenders and add their fee on top of what they would charge = more expensive for you).

Barbara Corcoran is a name that comes to mind.

After looking at a few in the price range I had in mind I have to agree, it may not be the best route for my situation. 

@Amanda Hillard would you mind sending me the info on your property for sale?  

I’d like to get to know some like minded local individuals who are also interested in upgrading the circle of people around them.

The closing costs for FHA are out of this world so I wanted to go conventional for a few reasons Smoother closeI know I can qualify for the mortgage amount if I can burrow money to put down and eventually give back of course :)Stronger deal than FHA ___________________Rents $2495Unit 1- $895Unit 2- $750Unit 3- Vacant Unit 4- $850Expenses Property Taxes : $245/moInsurance : $227/moVacancy : 5% (extremely strong rental area)PM: 7% ($171.50)Lawn care: $50/moReserves : $100/moCap ex: $100/MO (very well taken care of stainless steel throughout, roof 5 years old, new paint, HVAC 5-6 years old)Expenses $893.50(Income) Rent - expenses =  (NOI) $1476.75Mortgage- $969 (With bridge loan or other burrowed money 30% down (87k) 70%LTVNOI - Mortgage = Cashflow ($507.50)Bridge loan payment - $580/MO87k at 8% 2-3 year balloon -$72.51 cashflow with (bridge loan)$507.59 cashflow without bridge loanKeep in mind I did this for only 3 units, I will be owner occupying this property or should I not?!