The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.

It won't be 100% accurate, but it will be close enough.

Quote from @Garry Lawrence: Hey everyone,I’m 19 and about to close on my first rental property!

If the government wants the debt to drop, forcing interest rates lower would likely help that by stimulating the economy.

House hacking in Chicago can be a game-changer—letting you live for free (or close to it) while building wealth through real estate.

Many states have discounted property taxes and lower yearly increases for owner occupied properties.

The numbers tend to work better, and you’re still close enough to keep an eye on things.As for NYC itself, deals are definitely out there, but it’s tougher.

If you tie the bonus to a new lease, a bad employee will lower standards to find tenants quickly.

Having professionals we can call to see how backed up they might be factors in as well - if we can't get a roof done ASAP, that holds everything else up if we have a leak so again, more time, more holding costs, lower ROI.Unfortunately I do not think there is a magic metric that can tell you if the deal is a winner or not. 

Lower Bel-Air 5.