Out of curiosity, when you travel to new cities for work, are you basing your search for housing on a certain mileage, or walking distance, from the hospital you’re working at?

.: Quote from @Greg Scott: Based on my experience with Hard Money Lenders, this post does not make any sense to me.Did you not file the loan documents with the county as a lien on the property?  

I do not call them mentors, but at the end of the day, the role they fill is to provide advice based on their expertise and their knowledge of where we are in our business. 

Based on those numbers, yes CoC return is "accurate" but I wouldn't say it's "reasonable"...in fact, it seems VERY high.

Based off the information you provided, it sounds like there's no issue from your end.In the future, you may want to include something in the lease agreement that outlines objects that may be stored on premise.

They are a private company so you will never see the financials and have no idea how strong or weak that actual warranty really is.As to the funds I mention, yes there are a few, some right in your neighborhood that lend to performing borrowers, have also paid consistent monthly returns, all 1st trust deeds, shorter lockup, etc. 

The idea you can put 5% down and cash flow and have strong appreciation is very rare. 

Based on a value of $165k, 75% LTV would make your new loan amount $123,750.

They are underwritten primarily based off of the property not the borrowe so your W2 nor DTI is relevant. 

This is based off of the conventional loan limit where you are buying.