PenFed no longer does HELOC or related products for NOO LLC properties. 

Hi Kristin, if you reached out to a lender about refinancing the property and they turned you away due to the loan amount, then it was most likely a DSCR loan product.

Everyone was nice, they have great research on their management areas and good statistics to back up their management (although I find their statistics are overly optimistic, they are still real numbers)There just wasn't enough meat on the bone for me to go that route.

The investors I work with find that builders are able to incentivise their product to keep it moving and do what they do best. 

Feel free to share more about what you’re working on—I’d love to connect and collaborate.Wishing you a productive week ahead! 

The problem with vacancy is it assumes all products are the same, our 2 bedroom which is designed much better than our 3 bedroom and more thoroughly remodeled has lower vacancy.

It was an (annoying) paid ad popup left corner in a YouTube video I was watching, and I was about to shut it down, because it is what it is, a paid ad = they expect to sell a product, and they advertised it.

It’s a good plan, to me at least.

Interesting enough, I've been trying to create a similar product, however, a little more robust.

Thanks for the mention Drew.. this post should get most of the Lender / brokers chiming in there are a ton of them on BP most brokering or whitelabeling the big lenders products like Kiavi or lima one etc etc. this would be a prime candidate for a capital partner .