Depending on how far along this loan is in the amortization, there could be additional benefit in keeping the original mortgage in place because more of the PI payment is going to principle, opposed to if you were to take a new loan, where a majority of the PI payment will be going towards interest.As far as the negotiation goes, my method is to simply do run a few scenarios, making sure to add in whatever ROR or whatever metric you want to have as your investment criteria.

We have a local credit union at 1% origination and 7.25% rate, plenty of good locals at a point and prime plus one, and some good local private lenders. 

. - There are a lot more bridge loans for rental products, different than original conceptions of bridge products.- Lenders want to work only with sponsors/operators they are already comfortable with- Capital is meeting the needs of investors, more flexible

To add to my original post… the checking/savings accts would be for property mgmt of one or two properties.

Originally posted by @Nina Grayson:@Will BarnardAgreed, Will.

It is the rare pet owning tenant that properly cleans the tops of door casings, inside heating vents, along the edges of baseboards, and a hundred other places where pet hair and dander gets caught, so you can generally count on needing extra cleaning. 4.

Originally posted by @Keri Middaugh:This thread popped up when I searched for info on Adult Foster Care. 

I know I am splitting hairs here, but accredited only offerings do not make someone better or worse than doing non-accredited offerings.Onto a part that I can speak to: Section 8 properties take more work than market rate offerings.  

Originally posted by @Scott M.

Originally posted by @John Underwood:Easy, Self manage.Simple to do from your phone.thank you.