I am basically just combining BRRR into DSCR loans now at this point.

Education is key in real estate investing, and combining different resources can be very beneficial.

This is a crucial step in identifying and cracking down on criminal elements.

This is a crucial step in identifying and cracking down on criminal elements.

Based on the numbers, it sounds like the high origination fees, combined with the 70% LTV cap, are driving up the costs, especially if the lender is being conservative with their appraisal values.

How much wood is exposed to the elements? 

Sometimes it’s surrendering the ability to get your money back at all… see this thread on Norada Capitalhttps://www.biggerpockets.com/forums/960/topics/1196567-nora...Unrelated to any investment I have made or even real estate, I have watched both my parents fall victim to clever marketing scams where they lost a combined 6 figure sums - both from in person marketed investments… so not something like a phone scam… but was a private placement “opportunity” not unlike how a syndications are offered, where management siphoned off investor money and used it for their own purposes.   

We financed the project using other people's money, leveraging a combination of hard money lenders and private money lenders.

Taking the market rents, accounting for a 10% vacancy, the debt service, PM fees and everything else, it seems like I should be able to cash flow about $600 for the 4 doors combined.

@Teahjsia Frazier - If you're targeting a BRRRR for your next deal I would consider using a combination of your money, private money (friends and family), as well as hard money for the purchase and rehab.