I mean, especially after you've demonstrated a huge knowledge of the construction process by jumping into this rehab without really knowing what's required by the state.

I personally think that most of those that proclaim this, are holding units in difficult to tenant areas, so without the Section 8 their business model falls apart, but I am not an expert with 100's or 1000's of units and I am making a huge assumption that could be totally wrong and is based on a very small sample population.As for dogs....higher rent, move less frequently, sometimes it demonstrates higher level of responsibility, are all fair generalizations.

Originally posted by @Shavas Flowers:Hey I am new real estate and wanted to know the best hard money lenders for inexperience flippersI could give you a name but here's the bottom line, with no experience it's about one of 2 things, you demonstrate you have significant cash reserves (could be your reserves or someone else's as long as the someone else is committed) or you partner with someone with experience.

Those that actually need the help shouldn't have any issue with providing some additional documentation to demonstrate how they were adversely affected.  

It is like speculating on a virtual certainty (going back over 50 years San Diego has long-term appreciation that exceeds inflation and the RE appreciation of virtually all other locales (20, 30, 40, 50, 60 years it does not matter what long-term duration you use)).Of note is that there have been cycles of depreciation (as my 1992 and 2004 purchases demonstrate).

These lenders are as concerned about this property cashflowing and you should be...and here is where my response to your question comes in...Almost every commercial lender is going to want you to demonstrate that the building can not only cover the cost of operations but that is has enough "income" remaining to cover the debt service.

Whether your in a small town or a large city, you need to be able to demonstrate your ability to follow through with your end of the deal.

However, I would think so long as we can demonstrate the cash-flow can service their note and provide sufficient reserve, as a debt financier they woud be satisfied.What I am looking for at this point is a) a general indication of whether we are rowing in the right direction;b) tips on how to package/present an offer to a financier ... in engineering it is analytical and easy, my experience thus far in real-estate (with Sellers and conventional mortgagees) is there is a far higher degree of subjectivity in decision making.c) Any indication on what we may need to change in qualifying our properties prior to striking a deal ... i.e. do any of our conditions need to be tightened?

(In addition to those sources, there are a few others that are less common, such as HUD and SBA)Your track record of experience with the asset class will have significant impact on whether a loan is considered, and whether you can negotiate the terms of the loan, so be prepared to demonstrate your experience, or the team you have built around you who has the experience.Typically smaller deals under 50 spaces will be best suited for banks.

nothing like it was demonstrated on the webinar.Please help!