If you have the deed to the property titled into your name, and you have no mortgage on the property, then you can get a loan against the property from a Private Lender or possibly a bank.  

For example, if you take a loan for $200K and it compounds at 18% per month, how could you ever generate enough cash flow to stop the runaway inflation from that loan?

For example if he's just finished renting, perhaps he got an FHA loan.

This can make it hard to get a traditional mortgage loan.

And quitting your job will probably not happen right away, the income from your job will help you to get loans to buy real estate.

There are some ways to get creative with down payments: seller financing, using an investment loan that allows "gifted funds", etc.Best of luck! 

Do you believe, with what data is available, that interest rates are expected to fall substantially enough (within the next 365 days) that it would simply make sense to wait instead of jumping in with such loan products due to their current high rates/PPP's?

I see lot of two duplexes on one lot thing here in Anacortes, and I hear spec home builders don't have the insurance to do more than two units.Interesting that building a 4plex is commercial, but a bank loan on a 4plex is residential.

The bank has first position on the loan so they will defend against any attorney trying to take the property away in a lawsuit. 

Commercial Portfolio Loan How did you add value to the deal?