Have you identified seasonality for your region? 

A few days later the regional representative called me and offered me bulk discounts. 

Our Friends house w ADU worth approximately 1.8mil however the exceptional ADU was built by best builder in region for $300k and would cost $500k to build today.

Also it will be specific to the region where the loan is going to be done. 

Plus, they are picky on what regions that work in, which is another layer to look into.The second group, with the right experience, does 10.5%-11.5% Interest only for 90%, and if the values come back in their valuation, will do a second on the down payment at about 17% IO so it balances out at 100% LTC. 

We are thinking about building a property for an STR in the Catskills, NY region on a quiet secluded 7 Acre plot, but have been wavering between 3 types of builds.1.

Then like all regions, there's always the source of damage from internal water supply (burst pipes, etc).Getting back to the carpet tiles, its official.  

@Jamie Brayton i'd love to get in on the mixed gender meet ups in the capital region when they're happening!

I visited 6 apartment complexes this week across two Midwest metro area and saw only one EV, which was owned by the regional manager, not a resident.  

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself.