As others have said, the lost of revenue is usually tied to the coverage. 

Obviously, if your prepayment penalty has already expired, this is not an issue.Personally, I'd keep the extra funds and use for other investments that will potentially turn into more revenue versus paying extra on a loan that will take years to potentially realize the savings...Cheers!

We are developing a system in my office called "T.R.I.P"  which stands for Tenant Revitalization and Investment Program. 

The other day a note was placed on their door from the county tax office stating the property was seized and to be sold for delinquent taxes.

This is a tough business but if you want to try I recommend either simply contacting the local tax sale office and ask them what the process is.

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

You qualify for the loan by the rent revenue the property brings in and there is no revenue coming in from a product that is under renovation or being built...

It is equipped with the following: - Office - 2 mechanic bays with lifts - 1 bay for mobile detailing  - Car lot for 70 cars Lot of ideas go through my head but figured i would reach out to the BP community.

With a remarkable three-year revenue growth of 2,326%, it’s no surprise they’ve made such an impressive mark.RentRedi has been on fire this past year, hitting milestone after milestone—from expanding their platform with new features like RentRedi Credit Boost to forming a groundbreaking partnership with the National Association of RealtorsⓇ.As part of our BiggerPockets community, we love seeing our partners succeed, especially when their growth reflects their commitment to helping landlords and renters thrive.

When I talk to loan officers they say a DSCR loan would be ideal for even a newer LLC because it's more about the numbers on the deal as long as you have the cash for the average 20% and whatever points down.