But our product was/is nicer so we are out selling the other developments regardless of commissions offered except Lennar as they are hundreds of thousands cheaper for same sq foot.. and I think my wife double ends almost half our sales..

All-cash purchases provide stability and simplicity but may limit your portfolio size.A balanced approach could be:Use a portion (e.g., $400k-$600k) to purchase a few smaller multifamily properties (2-4 units) in cash-flowing markets like Toledo.

The total cost of the project including improvements, soft costs and carrying costs from acquisition to stabilization will be close  to $2.65M and the equity requirement using the alt. lender was $480,000 vs. the traditional bank which would have been $800,000.

They typically have order taker LO's without a lot of experience and they have generally are not going to have much product that is outside the box at all.

Hi Carlo,As mentioned DSCR loans vary widely based off of numerous factors, credit, LTV, Prepay type, DSCR Ratio, just to name a few.However, I am seeing rates as low as 6.625% now on DSCR products in a perfect scenario.In scenarios with low credit scores, high LTV's and short prepays we can easily be in the 9's.When looking for a DSCR loan to fit your needs, I recommend getting in touch with someone who knows what they are doing to pencil the loan in your best interest.Glad to connect and get into more detail!

I want to see what they are thinking of buy I want to see one or two in process then I want to see finished product.

I'm not licensed in Ohio, but I'm sure you wont have any problem finding a lender who has access to a similar product. 

I'm probably too conservatively minded to use that model myself, but then again my goals are consistent cash-flow and stabilized equity building properties.

Typically they have been restricted to Wall Street type products like stocks, bonds, and mutual funds.

Everyone assumes it's easy...but a real painter will absolutely deliver a far superior product to what any homeowner can do.