-Cons: On sale of property, the new owner would have to start from scratch on the income generation.

These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.

She's a beast and you'll likely get approved which will give you a revolving source of funds to keep growing Griffin what terms are you seeing on products like this? 

The worst is when a friend does a DIY sale then calls me after closing asking if they should sue the other party (usually for failure to disclose a known issue/ misrepresentation of the property/ they feel like they overpaid/ buyer's remorse).

Insurance market across the country is very tough, especially for older product. 

In my experience, the local banks are going to get you better rates and lower fees with their commercial loan products than the "DSCR lenders".

I would get more details on the numbers and go through it with an experienced investor. 23% expense ratio is laughable for any apartment building, let alone an old class c product.

They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.

Most investors make the same rookie mistake: They focus on problems instead of people.
Telling sellers everything wrong with their house and justifying your offer with repair costs doesn’t build trust—it kills it.
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