In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.

One of the things that I have noticed about most people that are raising capital is that they lack a real background in what they are supposedly experts in.

To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.

However, make sure you review all documentation before signing as quality control of closing documentation is lacking.  

(Lack of money period in 85% of the transactions).3.

I suspect then that your giving a very competitive rate compared to other HML at that point ??

They'll just say stuff like "thank for your patience" and "I'm looking into this" and even "I hope we are still connected" (as if they wouldn't know if we're connected or not) over and over again, and if you don't reply to each little statement, it'll kick you out of the chat.Nevermind the god-awful website/interface, the forced AI descriptions they keep trying to implement, the lack of any kind of damage protection without forcing the guest to buy into it. 

 the more competitive rates are  6.9% for 20% down owner occupied, 780 credit score. 7.45 and 1 point for a duplex seems pretty solid.

I recently saw a post from Anthony Walker asking experienced real estate professionals and those newer to the business about gaining a competitive advantage and it got me thinking about what competitive advantages a real estate private equity firm can attain in their business.

This can make it challenging to find competitive terms if you do not fit a certain credit box.