Then there's all sorts of issues you can run into with zoning as well.

DSCR for these sort of loans right now is 25% down, 30-year amortization, with a rate around 7%, depending on the lender and deal.

I came to this forum to see what the worst case options are for me if I need to go that route.

I started the company when I was 21 and sort of fell into it.

If I were in your shoes, I would be conservative as possible and go for the worst case scenario.

I would also consider other exits in case the house doesn't sell and run your numbers with a worst case scenario and you're holding the loan for 9-12+ months.

How do we know that diamond deal with all the right numbers is the worst house in the best neighborhood, and not the worst house in the worst neighborhood?

A streamlined process for cost segregation studies: AI is able to help streamline the cost segregation reclassifications by analyzing and identifying property components into their appropriate useful life more efficiently than traditional methods.The ability to identify eligible tax credits: AI is able to sort through and analyze a vast amount of tax laws and regulations in order to attempt to identify potential tax credits available to the real estate investor.

But when one of the parties is licensed by a governmental board of some sort, the board can subject the licensed individual to higher standards behavior, and they can do this largely at will and without the higher thresholds of most criminal laws.

Sucks how insurance works, but usually better for worst case scenarios.