Some commercial banks that do the loans on apartments may also be a good source for sellers.

I prefer to look for another source of a private lender based on the deal itself not looking for banks or credit based solution or id already go that route. 

I think different banks have different names sometimes.Either way, I want to be able to refi out and get my credit line back to make another purchase.

We reached out to selling agents, signed the CA, got the financials, visited the properties, talked to banks and got preliminary paperwork started to be able to write a LOI (Letter Of Intent).

I was told typical out here is 2 months, sometimes longer (Again standard financed contracts).On the buy side, buying from a bank was almost always 1 month, no matter what I did or offered.

Let's say you did a Credit Check which was not good, but the tenant claims it's from an event like a divorce or student loans or a hack.The next thing I do is an Eviction and Criminal Background check and a Bank Statement Check to make sure that the prospective tenant is not pulling the wool over my eyes.Imagine that the prospective tenant has a rap sheet pages long and you decided that he looked honest enough and let him in.There are so many horror stories of bad tenants and yet I see posting from new Landlords all the time skipping a FULL due diligence Again and Again!

He has a team that can assist with rehabs, and he has great bank connections to help your find financing.  

if so, the focus on rent roll, your good credit, etc.According to what I saw on the VA website, you would be eligible for a VA loan for multifamily upto a fourplex if you lived in one of the units.Additionally, it is common for banks to consider the current rent rolls in the lending decision.

I remember this” if you have money but don’t know how to invest it, you can save it on Bank but don’t tell others this.

Without the $15K reinstatement of the Mortgage the Bank will take the property Roman.