Once fully satisfied, the split becomes 50/50.When accessing this deal, here’s what went through my mind:A PMP would have to be okay with holding their funds long-termThe borrower would need to be experienced with doing wraps, as it takes time to get willing and able buyerThe borrower would need experience in pivoting to a different exit strategy should they fail to successfully execute a wrapWith NO EQUITY on the property originally, and the PMP being in second position, the borrower would likely need to cross-collateralize if the PMP has NO INTEREST in taking over the propertyMy conclusion, from looking at this from a thoroughly analytical standpoint, would be only someone who has a moderate to high risk tolerance and cares about cash flow without pulling out and parking their money into numerous deals would likely lend on this.Anyways, thoughts anyone?

They are a much forgotten group and that's kind of a disgrace.I also have great deals cross my desk all the time in PA and S.Jersey, be happy to share if you ever wanted to take a look.

In regards on my experience on that field, I use to run a Glazier Company back in my country (I'm originally from Venezuela), for more reference on that company please check @aluminioscosta on Instagram.

Tenant class is determined by asset class, strategy, market viability for such and MN has one of the highest median incomes in the country, did-ya-know-that.... 

For better or for worse, we aren't "federally" in a short sale environment anywhere in the country at this point in time (Yes, maybe one neighborhood in one city may have disproportionate value to debt, but not on ANY large scale ANYWHERE).

I was pretty aware of his information being a little outdated but as someone new into real estate flipping it crosses your mind a few times.

@Krishna SurendraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

DSCR requires No income, No Taxes and Commercial requires a PFS, occupancy ratios usually above (90%), Credit scores above 720+ much higher assets for (PITI reserves and overall risk, landlord seasoning, and more.A Heloc can be used in most cases for anything but when you are trying to buy a commercial building which is higher risk, the committee/UW can and in most cases will deny it if they feel you are over extended low assets or with no landlord experience, unless you have a meaty amount of equity to cross collateralize for a junior lien on another property.

The start of the article says it’s coming to rental markets across the country.

So you want to start searching asap once you get your property under contract to sell if not even earlier.And of course you want to work with a lawyer as there's plenty of paperwork and you don't want to miss the dots on any I's or crosses on any T's.