Excellent credit, C/O 75% LTV, Investment property, SFR (2 of the 5 are 2-4 units), Full Doc, all properties located in northern CA.

I talked with the title Co and they have even had it where the people start with the calls trying to build up the story. 

That is the plan my friend, to level up and make this happen.

@Dillon BaerSome employers have 401K fund administrators that allow you to take a loan against your 401k.The IRS allows employers to offer a plan that allows employees to take the lessor of $50,000 or 1/2 the vested 401K balance.You should inquire from HR of your employer to see if they allow this.If they allow this - I would look to rolling over the 401K from your prior employer into your current employer's 401K plan.

For undergraduates, you definitely want co-signers.

You never can be 100% (or even close) when it comes to trying to guess the market.Andrew in my area RE has not recovered yet to 2007 prices ...I would hope we get to that level and pass it a little before we drop again.

Do you assume X% of occupancy dip during rehab years 1-2 that then levels off by year 3?  

If you are from Cali I understand its all you know but if you can look at Las Vegas, Florida, Colorado, Texas, or Georgia all have really cheap real estate where you can make some good cash flow. 

Dirk, it really depends on the level of assistance you want and the volume of deals you do. 

Hypothetically, if a mix property (commercial main level and two apartments above) only has $80k left on a $350k loan and the property is worth $500kand the taxes are $12k/yrand the rents are $4k/moand the owner is your father in-lawand he wants to sell but worried about the income taxesand he doesn’t want to buy another propertyand the building needs about $50k in updating and roofand you want to help him out by taking it over with seller financingWhat terms would make sense for him without a huge tax consequence and basically still get some of that income from the buyer, us?