I know of a lender around 7.3%, but curious what everyone else is seeing.Keep in mind, we're talking DSCR, not conventional. sounds pretty good is it all on one parcel or separatealso was there a buydown?

We look forward to working with you on the next one!

Leverage is a beautiful thing, but also a dicey one.

Other lenders as a new relationship may not care as much because they were not the ones that originally funded your loan and would not yet deem you as a risk.

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

If an attorney needs to get involved i currently don't have one, can anyone recommend one in the Houston area if need be? 

It's much, much easier to have all of this available in one place.

In my market, I only have one vendor qualified for appliance warranty work, and the warranty companies paid him half his standard fee for each service call. 

I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.

I can tell you first hand that the demand for student housing is at an all-time high.