I never really know ahead of time which lender might be open to that before putting the full credit package in front of them, and many of them 'in theory' offer it, it's just a matter of exposing the potential transaction to enough credit unions and banks that a few "swipe left," a few "swipe right," and looking at the terms offered by those that swiped right.

Property management teams should have departments for each segment of their business that know exactly what there function is and have employees that focus solely on that part of the business to best serve their clients.

We specialize in joint venture transactions, collaborating with both seasoned and new investors.

If I cancel an escrow, inspection fees or other costs associated with that failed transaction go in here.

People have WAY overstated "cash flow" on BP by ignoring the costs of capex, vacancy and turnovers.My goals in every transaction now are to (1) buy in good neighborhoods, and (2) minimize my outlay of cash. 

It is very complicated; like a snowflake, each transaction is different.How do you decide risk vs. reward here?

Pretty straightforward, but I have seen houses where the renovation work approached those limits and building departments asked for more information from contractors regarding costs.

I've brokered $75 million in DSCR and over 315 transactions.

In the meantime, the paydown of the LOC every pay period helps you reduce the interest you pay on the LOC.HELOC may be limited to a small number of transactions every month so some other LOC may be more useful.

I've dabbled in hard money for a few years on both sides of the transaction and here are the 3 types of people in the business.