Let’s be real: Not every deal is going to close. 

Our bank will let us use equity that exceeds 25% across multiple properties that are either owned free and clear or where they hold the first so long as the deal still cash flows with however much cash is brought to the table.

I manage a co-investing club where we all get together virtually and vet deals together, choose them and then invest.

Wishing you the best on that first deal!

A good broker should be able to tell you a range of rates given specific criteria if you can tell them what kind of deals you are exactly looking at (ex. in central Boston, 10-20 unit, 90%+ occupancy, 30% down).

.📜 Know the rules – No "deal-making" in the forums (that means no advertising, pitching services, or looking for partners).

This can be a big roadblock if you need funds sooner to secure deals.2.Fees and CommissionsA large part of your early premiums may go toward commissions and policy fees.

How did you find this deal and how did you negotiate it?

(We're from California as well) Everything has been extremely smooth so far and their staff has been excellent with their customer service. 

We deal with residential, commercial, new construction, multi family, and flips.