My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.

Hey Kenneth - I've never used Zenbusiness but I do in North Dakota we go directly to the state website and open up a "Foreign LLC" whenever we're buying and doing business in other states with properties. 

What seems most attractive for now seems to be multi-family markets starting out and eventually moving into 5-20 unit properties for growth. 

The utility company doesn't manage your property...they provide paid services until they're not paid anymore. 

It’s on 5 acres and there’s a small pondhouse ADU at the back of the property.

Purchase price: $250,000 Cash invested: $75,000 7 bedroom Padsplit property at 93% occupancy What made you interested in investing in this type of deal?

Buy: Finding the Right PropertyThe first step in the BRRRR method is to purchase a property.

As David indicated, look for properties before you close on the sale of your relinquished property. 

The property is unused most of the year. 

I'm interested in how others structure their ALFs.2) I'm thinking of going with an SBA 504 loan to acquire the property and do the remodeling.