(Including lending and holding costs)7.

That's a good example of a 'healthy' mortgage market albeit fairly astonishing that banks would consider the revenue data accurate and consistent enough to lend on.

My assignment fees nearly doubled overnight, going from $20k per deal to $35k on average.Shortly after that, in April 2019, I learned about private lending through Chris Naugle’s Private Lending Masterclass and started implementing it.

Based on your financing options, you are going to be limited to 4 units or under, given 5 and over become commercial lending, so no FHA or owner-occupied options.I am assuming you plan on living in one of the units, but to be clear, that will be a requirement for at least 12 months, under most mortgages.You may get other's posting about talking with wholesalers or trying to find off market deals.  

I think both institutions offer unique opportunities to better than average cash flow with the right purchase and strategy. 

Called and spoke to them as I thought WOW, but turns out they don't lend to anyone who already has 4 mortgages, even if it was for a house I was looking to buy and owner-occupy.

When i first started lending in South Jackson believe it not all my loans were going to flippers that sold retail basically starter homes..

ALWAYS, ALWAYS, ALWAYS get the VERIFICATION OF DEPOSITS from the institution/bank where the money is AVAILABLE before letting anyone know about your deal!

Once you get into the 5+ unit properties, the lending market evaporates, there are very few lenders in this market and the rates are 1-1.5 higher than in the 1-4 unit market, if you are thinking bigger, the 10+ unit financing is best case 65% LTV, where the 1-4 unit market is 80% LTV for  Stabilized rent ready properties, and if you are buying a fixer upper you can usually get 90% of purchase and 100% of rehab. 

We have done private lending and have done deals where we were debt and equity -whereby we were the debt component but offered a lower interest rate in order to get a share of the equity.