Banks were very conservative and nationals had not come in to the market yet..

Hi BB Forum,You may have read our first forum post a while ago about getting started and more entrenched in the industry on a full time basis in the following capacities: - Wholesale (Stage 1)- Fix/Flip (Stage 2)- BRR...

Yes, as others have noted, this is typically where DSCR Loans (**not from banks** but from private lenders with national DSCR platforms) are typically the next step here. 

Note, Jacksonville FL is the largest market (area) in the nation and fairly nuanced.

I specialize in bridging the gap between national & international investors and builders...basically, providing a turn-key process for identifying, purchasing, & managing cash-flowing properties.

If you are looking for above national average apartment occupancy, steady YoY rent growth, resident retention and a supply/demand imbalance, the Midwest is a great place to look! 

Call NREIG (National Real Estate Investors Group) They specialize in insurance for investors. 

I specialize in bridging the gap between national & international investors and builders...basically, providing a turn-key process for identifying, purchasing, & managing cash-flowing properties.

As the greatest city in the nation, it was only time before people came here. 

I found this chart with cap rate averages across the nation.