Also, when picking a lender, make sure you pick one that is very familiar with BRRRR strategies, has access to hundreds of lenders to shop the best Hard Money and Refinance partners for you, and that can give you advise on the front end.  

Whether it’s grabbing coffee, attending a session together, or just sharing insights, let’s make the most of the conference.  

And shop around!

Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.

Many of them need to wake up and smell the coffee.

They began their company, Magnolia, years ago as a house flipping business and a small gift shop that they still own and sell products out of.

Aaron - thanks for the post ...wedge area off Monroe is solid .....make sure your financing is in place and lined up  before  beginning to property shop ....traditional lender have  programs that allow as little as 15% down if the  rental propety is a  1 unit 

Reading what you all I’ve had to say, which I very much appreciate, I’m a little concerned because it is definitely boutique and also very high-end in terms of style: stamped concrete wall, polished  concrete floors, chicum wall in the  kitchen… but there are only 10 units total. there is a coffee shop that will be on the first floor and as I mentioned it’s right on the border of La Valeta and Holistika.

You can also go straight to the source - Direct DSCR Lenders - don't necessarily need a mortgage broker to shop for you (especially if you are here and asking the right questions and clearly are sophisticated - unless you are SUper-strapped for time, you don't seem like an investor that needs to pay a broker for help - go straight to the lender)3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).

Quote from @Tessa Booth: I’m planning on doing some Black Friday shopping for some tools/gear to use for doing some rehab work.