Congrats on your portfolio purchase @Sean Mcintire  I have used credit lines cross collateralized by the notes and I have also used partials as mentioned by @Logan Hassinger to recapitalize. 

A lot of buyers want to cancel the transaction as soon as they see something wrong bc they believe there will be no room for negotiations.... and the only way to gain leverage in negotiations is by moving forward with investigations and showing the seller and seller's agent your findings and then negotiating a price reduction and or RR (request for repair). 

Conventional lenders don't tend to lend on arm's length transactions (people selling to themselves, relatives, etc).

There are a lot of transaction costs behind selling the property and if you're confident you can refi and still rent it to quality tenants for less than your PITIA then the risk isn't even that high.

I could be wrong but finding 3 of them for under $450k seems like it will be a challenge, plus then you've got 3 transactions/commissions/closing costs/loans/insurance policies/property taxes, 3 separate properties to manage, 3 roofs/furnaces/sewer lines/driveways etc. to replace... 

Either way I always cross reference the auctions you see online with the actual auctioneers website conducting the auction.  

Look up Mr Transaction Engineer.

In addition to conventional financial products, that means that real estate, private note transactions, stock of privately held entities, precious metals, cryptocurrencies and a whole lot of other alternatives are available.A specialty IRA referred to as self-directed is required for alternative asset investing.  

If you're thinking about considering brokering real estate transactions as a career, it needs to be treated as a career not a side business.There are a ton of niches in real estate and while they may not be common there are real estate brokerages who employ agents full-time with and without commission.The majority of agents though are independent contractors acting as 100% commission sales associates.

Well this past weekend I was talking with one of my family members about real estate and they told me an interesting story that I thought was worthy of sharing.My family member told me they bought their first home on the border of Detroit and Dearborn back in the early 90's for $18,000 and shared it with a few of their friends.