I was lucky enough to meet him in person when he came to the Bay area and he gave an impressive presentation on Multi family due diligence.

I was under the impression that 5% was the minimum for a conventional loan.

I’m under the impression you must live in a property for a period of time (heard numerous time frames) before you can rent out the side you reside in.

I was impressed and my inner skeptic was won over, to an extent.My opinion then, and it remains now, is that this is not a be-all, end-all solution for syndication documents in every circumstance. 

I get the impression much of the time that many write up their own documents and keep the deal between them, the buy and seller, and it doesn't see 3rd party hands much of the time.

I'm currently working with Telco, but I don't get the impression they will be able to offer the full range of financing other bigger, but small regional banks probably can.Does anyone have experience with beginning and expanding a growing business relationship with a local bank or credit union? 

This is quite impressive.

I wasn’t impressed that labor was 2/3 the cost.

For my last loan for several duplexes I used the BP tools and the loan officer was impressed.

It is my impression that they are very motivated to sell post-Harvey.With this being said, does this give us grounds to renegotiate some terms of the contract/price.