Now, if you asked me should you take out a TSP loan and buy another rental property, then that math probably says yes, because you could get a low percentage mortgage loan and borrow even more money.

If it was low then that could explain them nickel and diming.

If you have a crew you have used, maybe you can get costs that low.

I am looking into getting my first multifamily or low rise apartment complex.

It was just a unit that I picked up at Lowe’s.

With the enhancements in technology as well as 17 years of sweat equity, we can usually create a pretty compelling ROI on buildings with a cost basis as low as $250k. 

Conversely, we spoke to an attorney who suggested we create a partnership agreement as well as bring him in as an employee and w2 him at the end of the year (they can draw everything up for the low low price of $4000!!)

Rochester, NY has a history of low vacancy rates and supply of well constructed buildings.

I prefer it in low income neighborhoods.  

I wouldn't assume that this experienced investor could also just get a regular commercial loan at typical rates 10% down and 5% interest rate. assuming again they have proven to this lender in the past that they are extremely low risk?