Hi Michael, we're a national lender, so if you need financing in either locale, feel free to reach out!

Purchase and rehab properties will have a similar reduction, but as long as you have experience within the US, you should still be able to get some pretty good terms.

I’d really appreciate the opportunity to learn from those with experience.

I used to do essentially free consulting with new investors on it but gave it up for some of the same reasons - everyone thinks you can just sit at home and buy good properties across the country that are in great shape. 

Has anyone else had similar experiences with BTRs?

I have noticed competitors charge as low as 10 to 15% but their quality isn't the best and then I have seen others charge 25 to 30% We remain in the middle and provide a small business experience with super host status.

U invest in the fund and there is no debt ahead of you you own the debt free and clear the only risk is they buy the wrong debt and the underlying collateral does not support the investment.. which is why you go with folks that have a lot of experience in the space and now how to value the collateral.

Feel free to reach out!

I'm a Michigan native looking to move back to start my portfolio but I haven't really spent too much time in Detroit and would love to hear people's experiences.

Any more questions, feel free to DM or email me.