Good question - when Bigger Pockets leads reach out to us via out of state, we first define your specific goal with the BRRRR and talk through specific cities/areas that could lend itself to accomplishing that goal.

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.

I know they would be worse off refinancing at today’s rates even if they could find an alternative lender able to lend on older mobile homes.

However, I'm assuming that my private investors won't agree to a POF unless they see the deal.Should I have a conversation with my private investors and ask how much they would be willing to lend?

Anyone have insight on lending options out there?

Hey @Jaycee Greene someone on our team handles the acquisition and lending/banking portion, we only do the monthly bank draws for construction costs!

Quote from @Jaycee Greene: Quote from @Mark Daniels: I know in residential lending you can get a HELOC to borrow a down payment to buy another property.

I would be cautious with MLD residential lending company.

The sponsor is likely suggesting that your monthly cash-flow will be shielded by depreciation and you will likely see your 'tax hit' when the syndication disolves which in industry standards is likely 5 to 7 years.

thx@Casey Graham I have used traditional lending for my properties.