Wants I get more details I will be reaching out to you!

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Your details are too vague because you don’t give your exit strategy and therefore a lender cannot figure his and consequently cannot figure out the interest rate he should charge.At one point or another, debt has to be repaid.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

@Jack Mi: my first impression is anyone that is buying a deal at a 4.5% going-in cap rate with 7% interest rate is anything by conservative.Now, there are so many details missing that it is impossible to give any true thoughts.The things I like:No up front fees, so less motivation to simply transact10% Co-invest is pretty good80/20 (assuming there is no second hurdle) is fairly good.Things that give me pause, based on what is actually presented:Going-in cap rate is very slim.  

Can I post terms/details of the deal?

This is great perspective, thanks so much for the detailed reply!

If you’re looking to dive into Branson’s real estate market, feel free to message me, and I’d be happy to share more details and chat about how we can collaborate!

Room by room over several years (as they became available) we did complete makeovers: detailed prep work, painting ceilings/walls/trim, refinishing the old hardwood floors, etc.

Additionally, we repainted the interior of the house, giving it a fresh, modern look.