This is a common criteria in our market.  

This is commonly repaid over a one year period.To clarify with an overly-simple example- you said $600/month in an increase.

Is it common to protect your list or are you open to sharing with fellow investors your know?

Both Democrat and Republican presidential campaigns have found common ground on housing policy by proposing the use of federal lands for homebuilding.

The capital stack is approx 70% debt, 5% pref equity and 25% common equity.

I have a theory that I can share which might help you avoid some of the common bad behaviors.

Pre Payment Penalties of 2-3-5 years are common but can be bought out of in upfront points or increased interest rate.

Your question is a common one, especially for new investors who want the liability protection of an LLC while minimizing the risk of triggering the dreaded "due on sale" clause.

You can go traditional DSCR and qualify off the long-term market rent to get a better rate and terms, or if the market doesnt support enough comps for LTR then you will use a common sense lender with the ability to underwrite off the STR income/market STR 1007 report.

Common expenses include:- Attorney Fees: Legal assistance for reviewing contracts and ensuring compliance can vary based on the complexity of your deal.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.