Our area is booming with growth with being nestled amongst 3 major military bases. 

@Danielle Tran, if its not in the lease they cannot make you stop selling those products.

The vast majority are wrong.

This property’s location in South End is a major win—walkability to shops, restaurants, and the light rail makes it very desirable.

If it's a matter of a quarter point but the more expensive debt is with a bank that offers better other terms like amortization and LTV, and they have a rock star loan officer, I'd go with the slightly higher interest rate product.2.)

It’s got a steady job market, especially with major companies like FedEx, Amazon, and international logistics hubs around here.

However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.  

Be sure to investigate the varying product types. 

Now, the contractor is threatening to file a **lien** on the property, which could cause major delays and additional expenses.

But when the two elevators went down and we realized we were barely able to make DSCR and weren’t cash flowing enough to cover long term major maintenance and cap ex, we had to pivot into Plan B.in regard to renovating in a partially occupied building, it’s a nightmare.