You really shouldn't propose anything until you have a conversation and understand what the financial needs or expectations of the seller are in advance.

Quote from @Jacob Sanders: Quote from @Adam Eckhoff: Hi Jacob, Congratulations on your investment.

Some DSCR lenders will allow the proposed income to qualify, but needs to be able to pass an appraisal.

I propose in such case you should not post in a forum.  

Investors will need this information to assess the investment opportunity.Present Your Proposal: Prepare a compelling pitch highlighting the opportunity, your expertise, and the potential returns for investors.

With respect to managing the project on your own, this proposed addition will require multiple subs, not just one.

The new second mortgage on the subject property was also below the proposed qualifying rate on the higher LTV subject purchase.

Especially since you have so much help.A rented sander and supplies will cost you about $300... all the rest is labor.

The proposal includes plans for for more than 1,000 residential units at the north side of the project consisting of 122 single-family homes of various building types, 786 multifamily units and 153 carriage house apartments.

I know they've been trying to implement more restrictive laws in my city, but although those laws were proposed over a year ago, they still haven't been implemented.