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

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

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?

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

"Lower quality" I honestly would be investing, but I guess semi-gloss if you were really interesting in putting in the labor to wash the surfaces.

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

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.

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

They are responding to facebook linkdin and bP PMs where the adds are simply to good to be true  so they get sucked into thinking there are actually loans at 5% for hml  or that NO down payment is necessary or that NO credit is necessary etc etc.. while it could happen for very experienced repeat borrowers  everything but the interest rate that is. 

Hahahah WTFI love it you filthy animal lol 🤣I know it's illegal but I would tare down $40,000 worth of work for lack of payment.Have seen it done many times lolI started my career as a laborer in Sydney.Swept floors for 4 years and carried sheetrock, studs, etc...High rise office fit-outs.Could never take the elevator with the white collar folks as we "where" filthy animals.Funny thing is, I made more money than most of the suit and tie guys 🖕Construction in Oz is very well paid and not much shady biz in not getting paid.But yes, treated like S#@% over there also.