Problem: Alignment - this is hands down the most common mistake that I see.

I'm kind of thinking the buyer represented themselves and acted a bit innocent. 

You are questioning the value, unsure what kind of buyer would be interested, etc?

That was kind of my target at one point too (but that was before I found this new job). 

There’s a lot of misinformation out there, particularly around VA loan assumptions—one common misconception is that you have to be a veteran to assume a VA loan, which isn’t true!

My first thoughts are what kind of property do you have and what kind of rental are you operating?

Ryan, this kind of deal reminds me of a situation a friend of mine, Carla, encountered a few years back in a suburb near San Diego.

A lot of Jacksonville always seems kind of down and dirty then, but alot of that has probably changed over the last few years with the influx of buyers from elsewhere. 

Now those are forbidden here and code calls for 16D common or those structural hex screws you mention.

Quote from @Steven Stanimirovic: Hi Rich,The prepayment penalties you’ve encountered are quite standard with DSCR loans, as lenders often structure these penalties (commonly called "step-down prepayment penalties") to offset the risk of early loan payoff.