Hi all - I'm struggling with what the best type of analysis to use to come up with to compare investment options and wondering if anyone could help me focus on the right metrics.I am trying to make a decision on build on an existing piece of land that I have or to buy a completely different deal.Details:- Currently own/operate a triplex that cash flows very well.

Understanding Commercial LoansProperties with 5 or more units typically fall under commercial real estate loans, which have different requirements compared to residential loans.Requirements for a Commercial LoanCreditworthiness: Both your personal and business credit scores will be considered.Down Payment: Typically, 20-30% down payment is required.Debt Service Coverage Ratio (DSCR): Lenders will assess the property's income relative to the debt payments.

While this is all going on, what research have you done to compare LTR and STR options?

How much more contingency do you have to work withI do not know the local market, but what are the comparable with the STR market to this place.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

The missing element/data point here is the market rents in the area and how your units compare to the market.

Private money lending often comes with fewer restrictions compared to traditional lending, but there are still a few costs you might incur throughout the process.Private lenders often charge points (1-3% of the loan amount) as an upfront fee.

It’s just too short compared to the more extensive ads from your competitors.

Write THAT number down, call it YStep 3:Compare those two numbers.Hector be very honest for a second.

Under the rental section it doesn't make any distinctions re: advertising, but it does under mortgage lending and mentions rental housing.