Thinking through things, we thought we'd cut our rehap teeth with a small SF before tackling a larger MF.  

They won't give you the best terms and from my experience it's like pulling teeth trying to get a loan approved.I have no clue about getting a loan on multifamily/commercial as a foreigner but I would assume it would be an even bigger nightmare trying to get a larger loan approved.Most lenders here are all about a social security number and BS credit scores (Credit scores can be manipulated even if you're a broke A$$) lolMuch success mate

Especially if they're licensed, bonded, and not picking up work crews from Home Depot.

@Roger Covin -- When I first started, I was cold calling FSBO and CL to cut my teeth and that's like getting thrown into the lion's den and your only weapon is a piece of steak.

Now this article does not blame Quantitative Easing (the printing of money to buy bonds) solely, but here's another example of a country that has devalued its currency in the name of stimulus. 

I feel like I know my market so well that it's less risky than buying treasury bonds:)  Best of luck and can't wait to hear how it turns out. 

Do big corporations issue amortizing bonds?

Secondly, outside of credit tenant lease bond financing, there is NO 97% financing out there.

Generally, a survey is not required for legal descriptions using a plat and lot and block title for the description, these are in neighborhoods, such as Lot Seven Block Eight of Riverside Subdivision, Orange County, ..... if you have a meets and bonds description (100'  East, 40" South, 120' Westerly.... you may need a survey.Title insurance does not cover "area or content other than that shown by a proper survey" and lenders will want that coverage if it is not platted by lot and block.Another issue, encroachments might be suspected, but can only be shown by a proper survey and title insurance will not cover such matters not shown and rarely if shown, depends on the encroachment. 

you can invest in Calf muni bonds and get better than 5% return (tax equal yield) and do no work, not answer tenant complaints, screen tenants, etc.