Do you perform regular preventative maintenance to avoid emergencies or are you more reactive?

Wholesaling isn’t my game, but I leverage my network to support others because their success is my success.Shifting the conversation to value changes everything.How are you creating meaningful connections in your deals?

OCREIN - Unlock Your Real Estate Success: Stand Up and Connect!

Also, I’m not in the place to invest but I’m excited to learn and connect with many successful people.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

If you have a 12-month history of the property's performance, you may be able to get some wiggle room with more local banks for it.One thing that may impact the lender's ability to lend could be the Debt Service Coverage Ratio (DSCR), but as long as the property cash flows well then that shouldn't be an issue. 

Can the syndicator be removed if they are not performing? 

It may make evictions of non-performing tenants difficult or impossible.

If I were you and were committed to successfully doing the eviction proceeding by yourself, head over to www.beatthelawyers.comThat is my affiliate link to the How To Win In Court Without a Lawyer course.

We invest in both performing and non performing loans and when we acquire a performing loan at a discount, we have in house MLO who can try and refinance the borrower, we also will offer a discount to the borrower to refinance the loan.