What is the max # of total occupants, meaning can 3 people move into the rental or just 1 individual.

@Will Ervin Try local real estate investor meetups.Key data points that any lender (HML, private individual lender, or other) will want to understand about the project are:- Property type (e.g.

While a 3.5% return seems low, the buyer profile for this asset was individuals in wealth preservation mode.

I'm trying to assemble a group of like-minded people to take down deals and improve each other individually.

I personally have each of my properties setup in their own LLCs (no biz license required where I am at) and then have a personal liability policy to cover myself as an individual in case someone got through the LLC wall.

@Ifeanyi Okoye Welcome to the community, BiggerPockets is a great resource to connect with like minded individuals.

You need to look at each individual property, how old it is, what major repairs have been done and when, and what it will cost to do major repairs. 

The differentiator for individual mortgage lenders is experience, knowledge, resources and tenacity. 

The thing that I've found makes them smoother is allowing each party to close individually and early when possible. 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.