Experienced rehabber (40-50 deals/year) looking to shop some more hard money lenders.

It's obviously a mixed bag. 

Values have stayed very steady in that area, with its proximity to Oviedo and Avalon on either side that have the great schools and shopping/family friendly retail. 

He should retract it and go back to the $150 to send a strong message that trying to take advantage of his generosity will not be rewarded.He obviously has handled the situation very poorly by making a offer in the first place but now he must take back control of the situation and make it very clear that it is $150 or nothing and they can pack their bags.

Personally as someone living in Old City the many developments along Christopher Columbus Blvd, and the capping project along I-95 near present great opportunities in the future for new shops and restaurants.What are your thoughts!

They are a reputable DSCR Lender however it is always smart to shop around on rates and terms and get multiple quotes - no reason to just settle on one!

Thank you to everyone who responded, I'll be reaching out to shop rates and see what options are available based off my personal situation.What does the DSCR rates look like in comparison to conventional rates, as higher prices and rates will impact margins.

seller approached my partner wanting to sell an outdated car repair shop. we negotiated the deal from $170,000 to $120,000 being as we needed to put in some serious remodeling.

I use a broker, she shops for me.

Before I knew that I had been shopping around for one without much success.