If you have a lot of closings, it likely means you have a lot of inventory, listings, agent network and experience in the field. 

Need to find a good hard money lender to help fund the acquisition and rehab for the property.Are we squared away financially to refi out of the hard money loan using conventional financing?

.- Review your daily schedule and take inventory of the tasks that has been repetitive.

Median Price: $678,500, +6.02% Yoy.Closed Sales: 4,216, -11.89% Yoy.YTD Closed Sales: 21,325, +1.38% Yoy.12 Month Closed Sales: 38,118, -8.70 Yoy.Inventory: 6,035, +31.62% Yoy.YTD inventory: 33,454, -1.59% Yoy.New Listings: 4,349, +10.77% Yoy.YTD New Listings: 29,789, +8.16% Yoy.Months Supply: 1.8, +38.46% Yoy.Cumulative Days on Market: 29, +3.57% Yoy.Existing Home Inventory as a Percent of Households: 0.22%.

Conventional Loan How did you add value to the deal?

Hi Joel, if a conventional refinance is not an option there may be a less than 1.00 ratio DSCR product that would work.

After June, inventory tends to build (days on market rises), there are fewer bidding wars, and a smaller percentage of homes sell for more than their listing price.

Unfortunately, it is not too uncommon whether with a DSCR loan or a conventional mortgage.

Purchase price: $98,000 Cash invested: $15,000 I purchased a duplex in Milwaukee as my first rental property, utilizing a conventional loan with an 8% fixed interest rate.

Soooo, now, after asking them to send me what they've got as far as current inventory, I happened to mention to them that my closing attorney is holding earnest monies to be labeled and guided as I see fit.