Hey fellow investors,I wanted to reach out to the community for some advice on a potential real estate investment strategy I've been considering.To give you a bit of background, I currently reside in Southern California and am eager to dive into the world of real estate investing to secure a financial foundation for my retirement.

What’s a Wrap-Around Mortgage Loan?

In my current situation I don't have any capital available, and have a very large student loan burden. 

Keep up compliance with all legal and regulatory requirements for LLC ownership, such as upholding state law duties, filing yearly reports, and keeping separate financial records.

Loan rate/terms get complex once you hit that 5+ unit property, so you'll ideally want to work with someone who can help on both sides of your plan.I'd also consider MTR as an option for a $70K property.

NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).

Does anyone have experience with these type of loans?

It's like a financial rollercoaster but without the cotton candy and laughter for my millennial first-time home buyers. 

The building is still being worked on but recent comps in the area seem to indicate we are in a good place financially.

If you foul up and accidentally use an unlicensed vendor you could find yourself in some considerable financial trouble as well as having to redo all your work using a licensed company.