I'm struggling overcoming the anxiety of pulling the trigger for a number of reasons, but I'm trying to build up the capital to eventually purchase an LTR portfolio.

Also the rents are below market with Unit 1 coming up end of Sep. so could go from 850 to 1100. 

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. - I didn't search for non-recourse, that just popped up by dumb luck. - The 3rd lender, on the right, with the best rate, requires that one borrower/sponsor be experienced in the asset class, and that they personally live local to the property. - 1 regional lender (Pima + 1 other county), 1 state-wide lender (AZ), and 1 national lender, not in that order, is represented here. 

Location is good- right at the base of the mountain.

Approvals are actually often based upon their budget though.

Work that my accountant did to clean up my Schedule E.  

I figure I'll get mayhe 250k from the refi based on 5plex noi and comparables.I'd like to take a loan for the other 350k for example to meet the 10% down payment on a low income building hud loan.Is there an easier way to get into A higher unit commercial building? 

Too many Michigan fans up there for my liking.

In a capitalist society every transaction is based on both the seller and the buyer/renter thinking they’ll be better off after the transaction.