I work as a part-time CFO for several real estate developers like yourself and help them through similar challenging times.

It's not hard, but does take several days. 

Protect yourself.Our loan documentation package includes several handwritten forms that the borrower must complete at various points during escrow to establish the intended use of the funds.

That was the prior most severe event.  

I would recommend to all that they build a STRONG relationship with a Realtor/Broker or several Realtors, because  2.Downloaded a list of multi family owners from Listsource.com - You can get this from a Broker who can run a list of non-owner occupied properties, this features the number of beds and baths and from which you can build a mailer and network. 3.

I would say after my experience and I think several experienced investors would agree that it's important to look at the asset now more with higher prices in 2024 and higher interest rates make cash flow difficult.

On a Hard Money and DSCR loan, there are several lenders that only do 1 hard inquiry and do not do any other inquires  until the credit report has expired (which is usually 90 days). 

@Wei Zhaothere won't be any 'cash flow' in option 2 for several years. 

Hi Danny,I've personally owned several rentals in Schenectady, and also own a local PM company in the capital region so we work with tons of clients in the area that ask this all the time. 

I received an unsolicited offer -- several tens of thousands of dollars - to grant a perpetual billboard easement on some of my commercial land.