Traditional Banks have more rigorous approval processes, which can take weeks or even months.We are usually more flexible with loan terms and conditions and are more aggressive with leverage (higher leverage compared to banks), while banks generally have rigid loan terms and conditions that may not be as adaptable to unique investment scenarios.Private lenders are more focused on the potential of the investment itself rather than the borrower’s credit history or financial background.

I own some rentals in Cleveland and Milwaukee and I am a couple of weeks from closing on another multi family in Wisconsin.

HI Sherrie, ADU's are generally a great return on investment..I'd double check the DSCR and FHA rates though...A DSCR cash out client was just quoted the high 7%'s to very low 8%'s and FHA have improved tremendously this past week...on purchase quote today FHA rates were in the high 5%'s..check in with @Joseph Chiofalo Good luck! 

si=_KDgG0VuFhYs5MRD Interesting video, but in this video the dude is talking about the fact that a Podcast is better if the host is a newbie with 1 property because it's relatable and investors who've been successful for 20 years aren't relatable.

I could post numerous videos of guys doing it in way less time than 1 hour let alone two hours.  

But I’ve talked to 4 lenders this week and none of them can offer me anything. 

Towns like Romeoville, Streamwood, Aurora, and Arlington Heights take 3-4 weeks usually just to obtain a permit whereas I have seen towns like Woodridge, Plainfield and Orland Park turn around permits in 10 days.

The roof begun leaking this week and has caused water damage to the ceiling of my unit and I notified the HOA of my issue on Monday.

Instead of talking good about oneself, why not show videos of actual results of how many students are successful.

A few weeks ago we decreased the list prince by 5%.