Each tenant also signs a lease agreement for added security. 

Oi Wise,Please dig up some stuff up on me also hahaI'm in the mood for some "argy bargy" 🤓Just don't post the explicit shots I send you all the time as I don't want all of you Americans getting jealous hahaTrump won so "The Dingo" identity is no more.It's just "Engelo" for the public and it can be our little secret what you call me privately hahahahaWhat will you do if I get deported?

I'm familiar with how a hard money loan is structured, but structuring a deal from a private lender seems like the wild west.

Assuming it's written in your management agreement somewhere that states the owners are current on all financial responsibilities related to the property, does anyone require them to actually provide a current mortgage statement, HOA payment record, taxes paid, etc..... at least at the time of the original management agreement signing.Recently had a new owner sign the agreement, only to find out after we had secured a new tenant for them, that they were in financial distress to say the least (inquiring about bankruptcy) .

A good tenant usually wants security and I want "good" tenants. 2.

This could be a useful strategy if you need more time to negotiate a good price for your current property.Exploring Financing Options: Given the higher interest rates in 2024, securing financing for your replacement property can be a challenge.

It will depend on the amount of security you are offering, the attractiveness of the interest rate, and your ability to raise cash, among other things.

And where do you think you can get rents.We've been able to secure 80% loan to cost on these types of deals with a credit union recently. 6% is a good rate, but I would see if you can shop around the LTVGood luckGino

I like to rent to people with security clearances for my properties in NOVA. 

State/local are determined by your state of residence, not the state the property securing a loan you hold, or property you own is located in.