to be honest, on my first flip...

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

That said, I am near the beach, and have a higher nightly rate at my 5 bed/ 5 bath house. 

This is advertised as a “protected” note as Aloha is supposedly fronting the first $100k in the line of loss.

First question I always ask is who audits your financials and who does your books and send me what your reporting looks like.

Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Hi Keith, Refinancing from an owner occupied loan to a non-owner occupied DSCR loan is tricky.

Some/many lenders don't like a 2nd mortgage behind their first (like the skin in the game), however there are both bridge or permanent financing options out there allowing you to leverage anywhere from 90% CLTV - 100% CLTV, but don't expect good terms...

The obesity rate is almost 40%. 

Crime rate is high in this neighborhood.

First red flag is if they say that they will shop your deal with a few different investors.