So you are talking about a loan of $200K.

Some companies call this a markup for managing the payment of utility bills.

What are your Loan terms and P/I relative to the cashflow after taxes?

If the loan is being paid the seller/previous owner has no reason to want off of the loan.

Quote from @Amol Kulkarni: Any individual PM (not associated with companies) who can handle 3 doors in Jax and Citrus Springs, fL I own a lot of properties in Jax and have a management company.

After funding 2,000+ loans across the country I know most lenders will have issues with these 2 things.

Hi @Vincent Plant,You've gotten some great advice on what to look for in a hard money loan.

If you are worried about out of pocket costs, see if maybe a rehab loan is an option to get everything needed done now and refinance in 3 months when everything is complete.

Quote from @Unal Baris Kancoglu: I contacted as many companies as possible to get a quote to compare prices for new gas furnaces.

This.Also, if you were the tier 1 worker bee at a relocation company who wants to get a family housed, happy and as quickly as possible, would you accept the word of a guy who sells a course to new-to-MTR investors that "here is Eli; please send him all of your business.