Percentage down. 

Our property has cash flow and according to the many bigger pockets podcasts I’ve listened to you shouldn’t just pocket all cash flow but set aside a percentage to cover reserves, CAPEX, vacancies etc.

Do not quote me on this but I think someone told me the new fund was a debt fund (along with some other asset classes) and a percentage of the money raised was to invest in their other funds (ie. instead of capital calls). 

Its not a set price per unit or building but rather a percentage of income to debt.

My longest recent rehab was 2.25 months and added a half bathroom, took down 4 walks including load bearing, put up 3 walls, new plumbing, electrical, flooring, huge percentage of drywall, an eye brow porch, new kitchen with full layout change and new bathroom with full layout change.  

To me it seems your maintenance percentage is a bit low.

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.

I know what the rents should be for each of the units (2 vacant and 1 significantly under market), the taxes are listed on the MLS, I’m familiar with the water/sewer costs in close proximity to this building, and I know what percentage to use for my Vacancy, CapEx, and repairs and maintenance based on my knowledge of the local market.

Management doesn't get a percentage of cleaning fees so something seems off or else its just very different there than here in Illinois or Tennessee. btw: Is there any way to eliminate the propane?

I know it can depend on factors like the borrower’s credit, payment history, and loan terms, but I’m looking for general guidance or ballpark percentages based on your experience.Top Buyers/Companies:Who do you recommend as reputable buyers for these types of notes?