Institutional Borrowers (With In-House Capital Markets Team): We work with many institutional clients with 1,000's of units under management that have in-house capital markets teams.

Hard money, which is most commonly from an institutional lender (either a broker with a white label setup or a lending firm), is generally available, but you will need to meet experience requirements to obtain funding from these kinds of lenders.

Quote from @Patricia Andriolo-Bull: Quote from @Andrew Steffens: I heard previously that VRBO was going to institute this but I guess it never came to be. 

Keep in mind this is sponsor-provided material, not something that the site discovered through research, nor verified. 

The contingency reserve may be released only if required, necessary, and unforeseen repairs or deficiencies are discovered during the renovation.

I had discovered then the broken equipment that he claimed was damaged by a thief, yet not stolen and still the lender had not came to conduct his inspection.

Cash flowing at 5% down was possible about 3 years ago—but that ship may have since sailed.Now, you’re left with two options: you can either pony up more cash per deal, or you can potentially look out of state for markets with more favorable rent-to-price ratios.Or…you can wait for rates to decline, but I don’t know how much a 100 or 150 basis point rate cut in the next year will really move the needle.That said, some firms (usually new construction companies, turnkey providers, etc.) will enter into forward commitments with lenders at institutional rates and then pass cost interest rate savings onto end buyers to entice them to purchase a property.

An interesting trend in the senior housing industry is that the average stay for a senior in a traditional institution is shrinking due to the costs of the services.

@Samuel Coronado, @Elan Adler  Entire subdivisions of build to rent put more pressure on local landlords because the big institutional investors can afford to buy tenants with low rents and free initial rent period.

If it's a refinance, brokers or institutional lenders tend to have great terms.