If their underwriting doesn’t match how the market treats these properties, then they’re using the wrong framework.If they won’t budge, see if they’d accept an appraisal from someone with experience in townhome valuations instead of treating this like a multifamily asset.

It's too large of an investment to get it wrong; you need bench strength.Real estate investing is a risk business.

This person (not Blake capital) was trying to bully me (wrong move).

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

@Ryan Daulton So, you want to believe in fairy tales and challenge us to prove them wrong?

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

I am not saying you are wrong because I don't know the Cleveland market.    

They often pay out replacement cost value (RCV) for damages.DP-3 (Special Form): The most comprehensive DP policy, DP-3 offers "all-risk" coverage for the dwelling, protecting against all perils except those specifically excluded in the policy.

. - Hence why all the DSR loans we've seen have a required document the borrower signs that states the lender will start foreclosure proceeedings if the borrower ever occupies the property.Please correct me if I'm wrong or clarify anything I missed.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.