Especially if it is a big national bank, they take forever.

The mortgage terms might be a little better if the buyer got the big sexy national tenant with 17 years left on a NNN lease, but that's not our scenario. - 6% cap rate reflects a nice safe part of Los Angeles, California, a prudent investment, not one that will make anyone rich overnight, but a place that higher net worth individuals park wealth to preserve it (imagine the depreciation write-off). 6% cap rate also tells us, right off the bat, that we're going to be in the ballpark of 60% LTV.- We will stipulate that this is hypothetical. 

I'm on the board of CFRI, the local chapter of the National REIA and would love to have to come out to one of our over 2 dozen meetings we have each month.You would add instant value to us and think you gain some as well. 

Not sure if that matters for the national programs.

Not guaranteed, but very safe and boring national level companies that will not go out of business anytime soon.

Don't waste your time or sanity on the larger national banks like B of A, Us Bank, etc.

Other cities seem to embrace it....think Myrtle Beach Area, A1A area, Smokies, Joshua Tree, Ski Resorts, Branson....probably almost every national park is overwhelmed with visitors the past few years.   

I know there is a few areas in Ohio that are top cash flow cities on the national list but let’s talk about football.

I'd be talking to at least 10 national lenders from biggerpockets and have your land appraised. you better have permits in hand, entitlements. complete, etc. sounds like it's too early to be talking about financing. 

It's the same with loans.On a $400,000 loan for 30 years, a 1/4% interest difference costs you something like $23,000 in frozen costs not to mention that you could be investing that money along the way.Here are some of the companies owner by Fidelity NationalAll of the major title companies get their titles through FIDELITY NATIONAL TITLE INSURANCE COMPANYand their list is something akin to And on it goes.