I believe it is a common theme that when a lender advertises 9-12%, 9% is for the highest qualified applicants and 12% is for the people who are just above the minimums to lend on (i.e. beginners with low credit).Usually, the lenders that go down below 10% are national hard-money lenders and will not allow the borrower to put less than 10% of the total cost into the property.

I am looking through craigslist rooms & shares and many people are advertising private rooms for rent in Bay Area for $500-$700/mo.

I am looking through craigslist rooms & shares and many people are advertising private rooms for rent in Bay Area for $500-$700/mo.

I am looking through craigslist rooms & shares and many people are advertising private rooms for rent in Bay Area for $500-$700/mo.

Offering your services is advertising and is not allowed outside the Marketplace.

You can use that on advertising. 

Or, and I'm sincere, perhaps its quantity not quality that drives membership and advertising?

The house it set up as a two over two.Tenants currently in place and would like to stay.Property cash flows nicely and the rents are below market value so there is a value add play there as well.Anyway the title report came back and the property is listed as a single family home and also is CO'd this way.However the property was advertised as a legal two family and the town assessor is currently taxing the property as a two family.Two separate meters as well.Everyone involved including my attorney, agent, etc seem to not have the answers for me.There are no rental permits on the property either which are required in this town.Seems to be a lot of mixed information that has me considering to pull out of the deal.Anyone have any experience with this?

I advertise and let them fight to be my tenant.You may have meant advertise vacancies. 

It was advertised as a turnkey company.