If you include the costs to build in a purchase of the primary structure, then you can typically roll that into the final loan product.

When investing OOS, consider targeting markets with major corporate relocations and expansions.

Our market is stable with strong job growth from major employers moving and developing here like Meta, Intel, Amazon, etc.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

With that said, choosing your bank based on customer service relationships and business credit products should be a priority. if you’re looking for a bank that offers great service and lower wire fees, I’d suggest starting with NFCU.

We tend to stay just below our competition with a superior product.  

I don't have the funds saved up for any major renovations but am looking for something that needs a little TLC.

They say they are not liable for inaccuracies but the number of bedrooms, bathrooms, and unit amount seems incredibly major.

WE DO IT NONE-DSCR Investment Property Loan ( Use As-IS LTV) - Max of 75% Leverage, None Leases needed, No Tenants Needed,  We have an Amazing Products and Excellent Team that has been funding loan for long long time.

Just know that the majority of those in the 'education segment' of real estate are presenting you their information to make the speaker money... and if you happen to benefit too... that 's great!