I recently purchased a duplex for $450,000 with 20% down.

Its relatively easy to manage the process once you do it a couple times.   

What they’re missing is that they first need to ask “Is my business / investment process scalable?  

curious how do they structure a note purchase that is not all cash. did they already own the note and just sold the note to you or something ?  

Do they have to go through eviction processes as well? 

How do you actually know the purchase price others are paying and their margin?   

Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

Focusing solely on numbers often leads to the purchase of low-quality properties.