@Brandon Elliott I’ve learned the hard way about doing business with friends.

I am a business broker by trade but I am looking to get into multi family syndication.

@Kristine Ann has some good ideas.

However, with a dscr cash out, your credit will come into play as well as leverage meaning that more info is needed to understand the cash out proceeds of your scenario.Also, the timeline for these area about 30 days give or take and the proceeds must be used for a business purpose.

The idea is to get as much as possible using the equity and pay the rest with our income, with the goal of long term wealth building for financial freedom.

Use data and analysis to prove your ideas that it's a good investment.

Most people might not have the ability to pay 5 to 6 figures a year for that.With Costar it is about residuals. 15 years in the business I do not like contracts and residuals.

If my spouse was not so averse to the idea I would move once a year to new multi family properties taking advantage of low down payments.

Let me know your ideas on how to borrow 50k!

It is always best practice to keep business and personal seperate.