Once you are my tenant different story. 

I see this often with new construction where they are trying to fit a a 2 story 3/2 with a 2 car garage on a postage stamp lot.

I try to listen to the story of the person and see what their reasons are.

I won’t share all details but long story short I got the house.   2009-10 prices ccontinued to fall, houses in my neighborhood were selling under $100k and I was seriously underwater in my mortgage.   

Any fantastic commercial loan success stories? 

@Ashni Modi here's just a few of the major investments happening in Detroit$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute

I heard many successful stories from my past clients that have started doing this a few years back.

Purchase price: $233,000,000 Cash invested: $23,300,000 single famly, 4/2.5 2 story How did you finance this deal?

That's an inspiring journey, especially starting with just four loans and growing to managing over 700 assets.

Every day you will probably see horror stories here on BP and other forums about people getting taken from contractors.