@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.

Alternatively if they all love the deal, that's also likely a good sign.You can get a dog of a property in a crap neighborhood that will yield a 13.6% gross cap (not saying yours is), but that certainly doesn't tell the whole financial picture of how the asset will perform.

Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates. 

Congratulations on your repeatable success!

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

So, WHY screw with a successful system that your able to operate without undue stress? 

According to their SEC filing of the $300 million in loan they made, $299,300,000 was NON PERFORMING.  

You can use a tool like AirDNA to get estimates of property performance in your specific market and with your typical size and configuration of home.

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

@Eric McClintockCongratulations on your success in the DMV area.