Most other banks I contacted, they offer Prime plus, which is at least 5% plus some 0.5% or more, which is similar to what they offer at 5.25%, but with their special offer at 3.99%, it seems very low.

Another reason I like apartment complexes any vacancy does not usually hurt you like it would in a residential multifamily place would.Some Private Lenders will also lend to you including any repairs but I understand the importance of using a Bank to get a "house hacking" loan and its low down payment.. 

The gap between the ARV and buy price is very low, a key principle I follow is if that gap is $120k so that there’s more profits for you as the wholesaler and for the rehabber.

I'm so used to my nice, cushy, low maintenance properties here in Los Angeles with perfect tenants that probably contact me no more than once a year for very minor issues...

[But, 3% Vacancy allowance is generally too low.

I have always been told you want to avoid s/c corps for holding real estate investments.FHA loans can be a great product to help you get into a property with low money down.

I reckon 3% vacancy allowance is far too low, and, perhaps $2,600/m is too optimistic?

The other 11 units are still  paying low rent (that's why I'm fully occupied).

But you should buy with cash.Mortgages in spain are low interest, but they give you only 70% LTV.

A reminder to all investors out there actively looking at deals, 4th of July week/weekend is a really great time to make low offers on properties.