I definitely agree with keeping it slow and not rushing into it.

It has been my experience, too, that smaller banks with a deposit relationship have a lot of flexibility and a variety of products on offer.

My only reservation is the higher interest rates on these particular loan products vs regular residential mortgages.

We own an 8-unit boutique hotel and our biggest challenge is keeping our ADR up (or be able to get through our slow season without negatively cach flowing.

Less expensive and more productive in my opinion.  

For the 10 year period spanning September 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.8% in that period.With inflation nearing its 2% target and signs of a slowing labor market, the Federal Reserve last month made its first cut in to the federal funds rate since the start of the COVID pandemic.

*Getting Capital Now And Buying More Assets - Will Most Likely Increase Greater Returns Then a 2% Spread In Interest Rates*I do recommend a DSCR loan if your property is producing enough income, its a great product and is being used all across the nation to scale portfolios rapidly!

Activity will always be great when you buy right and make a great product.

Hi Taylor, yes we typically require a down payment on our hard money product.

If so, you need to disclose this when you make a post recommending or suggesting the product or service you represent or have a financial interest in.