There are some reputable lenders that go down to 75k - just know below that 100k loan amount level that rates and cost may seem higher because of servicing and man power inputted into the deal still cost the same for lenders and brokers involved.

Loan servicing companies put in the same time and manpower to service a loan that is 90K compared to one that is 900K - there's no difference.

Even great investors need manpower if nothing else and that kind of good support is hard to find.Both as a real estate broker and then as a mortgage broker I had mentors who constantly reminded me to touch every file every day.

I have thought about "sharing" these positions with another landlord of about the same size who had a similar need for manpower, in order to better deflect any concerns about them being construed as employees, and to ensure better backup by having dedicated access to two skilled guys instead of one.

And if you really wanted an answer specific to your question, it is because banks are so packed with foreclosures and pre-foreclosures, they simply did not have the man power or the systems in place to handle it.

Good luck you have it about right when I talked to the manufacturer of the machine he quoted me 10% savings and of course some time savings .. u also have the issue with man power and who knows how to use them and the other subs who have never worked with them.. then getting them approved at the county level etc etc..

You need the connections or manpower to scour the counties recorders offices for seller carry backs then build a data base of those.. then you have to try to skip trace or other methods to get to the Beneficiary of those notes.

Sounds like a good concept but seems like even if they have the manpower to handle multi-projects, then there would be less attention to detail.   

It doesn’t have much to do with pretty locations as much as studios, unions, man power etc.

I said: "My concern is that I could be in the process of allocating funds and manpower to ensure that my property passes an inspection, and in the interim, I am flagged by your inspectors for being noncompliant.