The larger players last I checked were between 10-12%.

You cannot bluff if the other players know you have nothing. 

75% LTV6.707%1 point origination727 creditDSCR loan, 30 yr fully amortized, 5 year step downFunded by one of the Hard Money DSCR big players

He is one of the bigger players in your area, 

I know some very big players in this industry, millionaires many times over, and they are not close to $400k monthly net on payroll.

That's a great way to put it.Hi Guys,Yes, that will be the move, I already know and have sketch of 2 ways to do it, I didn't want to get into a crazy rehab now, till I make sure my contractor is a team player and he will be able to do so, my idea is to add SF and create a master sweet, let's see if the numbers work fist, this is something I will do after the property is stabilized, I think I can get my capital back and some more with the 3/1 layout now, I will keep you posted!

But I've been watching all the games on ESPN, reading the rules, and even reading some books written by Larry Bird, Michael Jordan, and other great players.

Looks to me like we've got a case similar to that of Clayton Morris......All sizzle, no steak. well his profile looks like he is a major player in Cleveland it would be odd that your paths have not crossed.  

If you are seasoned or have a lot of capital, there are much bigger players you can look at.

Casino boats..... just saying......