Have a clear & concise visions for the type of property and guests you'd like to host.

This further solidifies their operating & returns track record, which paves the way to market your firm to professional investors & LP's outside your direct bubble of family & friends.

He is also willing to furnish a letter from his US brokerage firm to prove he has ample funds to cover for rent and expenses.What would you do?

I have been trying to get them to let me host the open house for a couple months now, but the broker is not cooperative and will not post the open house on the MLS.  

A consistent, own time tenant is a valuable thing and worth accommodating most of the time and a goof landlord or property management firm knows how to walk that line.

Does anyone have a contact or firm that specializes in these types of personal lending situations?

Not gonna turn this forum into political views lol Back on the topic for the original question@Eddie Torres I agree with the others, some communication to the seller about how you're not a large firm buying up the property to bull doze and put a Walmart in is well within the safe to disclose content.You being a family man and purchasing this property for you family's financial well-being is to me noble.

We keep a very accurate spreadsheet of STR eligible properties from Brookings through Astoria to help us and our investor clients navigate and focus their search on listings that are both eligible for a permit and forecast lucratively as a AirBnB rental (our current list hosts roughly 100+ on and off market STR's for sale.)Due to the very limited housing inventory, properties that meet client(s) search criteria and budget can boil down to a handful of active listings along the entire coast.

I think DSCR Loans are definitely in your future as you continue to grow your portfolio but probably not the best fit here:-Can strictly not use DSCR for any property you live in - would technically be possible if you moved out, leased up the unit you are currently in and provided good documentation that its legit - but this is a firm non-starter for DSCR (absolutely no occupying the property)-DSCR Rates at best are in the sixes on a cash-out refinance - so you would be doubling your interest rate at least on the current property - which could make sense but its a pretty high hurdle.

Thanks,Chris They don't have any purchasing power why not sell to a firm who is well capitalized and has a lot of purchasing power?