The market may vary one way or the other & we don’t want to be stuck coming out of pocket on the backend as well.If it was needed to get the deal done, the minimum balloon we could offer is 10-12 years. .Never SELL using "Subject To".

He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.

If the loan is being paid the seller/previous owner has no reason to want off of the loan.

@Jerry Tello I should have mentioned the laws and how they affect your returns vary tremendously from state to state, and sometimes county to county.

The expense tracker, reports and rental sheets (useful if you are planning to do the BRRRR method and need to calculate 2 different sets of loans).I used to have my own custom spreadsheets that I built but this one does everything mine did plus much more. 

we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)

One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that. 

@Cody Caswell there's several things to ask about here that might not be answerable in a forum:- Why do you need an FHA loan?

Good Morning - My realtor came to me with an offer for an FHA loan but they want to move in this weekend.  

Hi Amanda, I think this is where most borrowers get confused on a DSCR loan.