Hello all,I'm considering a private loan with Bridge-well Capital, however they are indicating they don't loan to individuals .

. $420.00 for decades; although the HOA just hired a property manager for the first time last year, but so far no indications of changing HOA fees)Notes:Rent estimate: $1,750.00 (local property manager assessed realistic rents between $1600-$2000+ per month on long-term lease or as vacation rental $140-200 a night/minimum 1 week stays).My parents are open to any type of creative financing deal, that would free them from paying mortgage (their current monthly mortgage payment is $1,000.00 (+ $420 HOA).

Fourth, Is there an indication that the house will be worth more or less 1, 3, 5 years from now?

.), for the identical return.If it is the numbers, I still don't see the problem as your lender not knowing how to evaluate a deal, especially if they gave you their criteria, as you indicated.

Conversely, my mentor who is by all indications far more successful than the majority of local investors has built a very large portfolio in a short amount of time primarily on section 8 tenancy and prefers them to Tenants who are not qualified for section 8. 

It's a strong indicator of a fundamental economic problem: home values are so low - based on the neighborhood and NOT on the structure built on the land - that people are not willing to pay for the structure based on where it is.

The seller indicated that they recently found out about some personal health issues and were indeed interested in selling.

You do not owe applicants anything unless your state regulations indicate otherwise.

A smart Realtor® will look for disclosures in listings that indicate a house may be in need of cosmetic or other improvements.

@Joseph Graeve - With all due respect, a single asset's capitalization rate will be no indication of the area's, good or bad.