The truth is, over the last few years, many of these people are barely cashflowing at all and the default rate with the banks on this product is skyrocketing.

If a person benefits from a product they sell it’s only natural if they promote what is perceived as a benefit even if the quoted benefits are not automatic or even a given. 

Our DSCR product is very STR friendly and heavily lean on AirDNA data vs appraisal.  

What is the end product of your effort and where is it located, how long will it take to sell?

@Mike Grudzien Happy to help on an DSCR and we also help train brokers in this program so they can speak on & guide better on it, Great product to have.

william penn bank does not have that product any more. 

Can you email me with some investment products you were mentioning above?

And watch out with scents—unscented products keep everyone happy.

Typical cost for the setup would be in the $15,000 range which would include production of the Private Placement Memorandum, Subscription Agreement, and Operating Agreement, Investor Qualification Forms, as well as filing Form D with the SEC, and state “Blue Sky” filings in those states where your investors reside. 

Some operators really need better training and education and drag down the great operators who are doing it right and offer a great service and product.