The original cost basis was $645,000.

But I don’t have original lease.

Hello,We have an original fused disconnect from 1950, when the building was built but all of the apartments have circuit breakers.  

As for fees, you should consider origination, processing and late payment fees. 4. 

Hey BP fam,I have a quick question: Has anyone had experience with a Residential Mortgage Loan Originator (RMLO)?

My original intention was to flip the property and use the proceeds to help purchase a small multi-family home but am now considering holding the Single Family property as a rental.  

Originally booked for 2 people (with 2 beds) but looks like my second won't be able to attend (check in Oct 4 & check out Oct 9). 

There still is a tendency for DSCR Loans in particularly to get lumped in (throughout securitization) with other "Non-QM" loans, mostly owner-occupied when they really shouldn't be in my view, further a lot of the "tech" and software, systems buildout (including loan doc generators) are based on consumer resi which creates a lot of headaches.Anything rehab/construction related though (which is what the original post appears to be more about) is a different animals though - experiences are likely to vary markedly by market, lender, bank etc quite a bit

What I've been told is that it's unlikely assuming the owner of the LLC is the same name as the person on the original title etc...I'm not an expert here, but this has been my experience with the first few properties I've purchased. 

You will have to spend considerable time and energy getting familiar with a new market whereas if you stick with the original one you appear to have enough capital to get started right away on a new building.