Common locations for supply lines to fail are where male threaded galvanized pipe is threaded into brass or copper valve and fitting bodies  (due to galvanic corrosion)  and hot water lines will rust up so badly as to start restricting water flow or begin leaking a decade or two before the cold side fails similarly.   

Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option

I believe that this would be a great fit for me as I aspire to find a new career field for myself.

I haven’t noticed that about Sean.Too many times I have asked him loaded questions which he had the answer for which fit today’s market.

I understand this is not a one size fits all subject... just seeing if anyone has any wisdom for me, OR, is in the same boat as I am.

You can use that money to put down on any new purchase the bridge loan is set up as an interest only loan for up to 18 months.You can also use a simple "Renovation Loan" to purchase a home or after you close but the renovations must fit into the new ARV/LTV.

There could be an option to use the BRRRR method and change it a little bit to fit your needs.

Hi Mark,Yup, this is a best fit for a commercial mortgage.

A prospect who wants same-day phone calls is not a good fit.

The ethically correct thing to do would have been for Kirt to communicate to us during our initial consultation that we were not a good fit for the program given that we were already too advanced.