Just wondering about how to acquire a STR loan.

Commercial loans require 30%-35% down and a DSCR loan will require 25% down. 

Buyer Brokers may do hourly or a % of the purchase price or both because they may help you get a lower purchase price but that hurts their pay day. 

normal bank mortgage loan How did you add value to the deal?

(with the DSCR loan to purchase moving faster ~ 2 weeks, it's conceivable we may be at the closing table faster than the HELOC closes).We are considering other options for the downpayment (approx $25K);   and then replenishing the funds with the HELOC cash once it hits.  

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

The son has agreed to let us purchase the house for the amount owed on the loan.

If your paying out of pocket I would suggest considering using a construction loan.

Research multi-family properties and explore financing options like FHA loans.

Made this rent roll pro forma w NOI, would appreciate any insight from seasoned commercial investors AND any help on a loan.