You and this private person you met hammer out the details of the loan at the kitchen table so to speak and you seal it with a handshake and your reputation that this Private Person already respects or whomever introduced has vouched for you.But if a man opens a lending company tomorrow with 50 Million of his own capital and he checks in on the HML market to see what it bears and he copies his products and UW guidelines and now is he PML or HML? 

Said tenant failed to hook up the drain line properly both times.

He had this ambitious flip lined up and decided to tap into a 0% business card deal to cover the rehab costs.

Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

and deal with power lines, water lines and sewer, maybe seal the well. 

Will they do a $300k loan or working line with you in this property.  

I have done business with Dominion for their 30 year DSCR product. 

He is critiquing products and courses that he hasn’t personally used.

I would not credit for laundry, I would price in line with not having a laundry if other units do.