This is standard practice, but there are exceptions.

With loan extension you might have to come up with extra payment to get DSCR in range lender will approve.That is why to go through this exercise NOW and if you know tenant wants 300k TI to extend and bank wants 300k to pay down estimated balance when new loan placed you need 600k to come up with.

Hey everyone, me again, I am practicing underwriting MF deals and came up with a few questions (I am sure there will be more). 

This is an extremely unusual practice, never seen this in 15 years of my investing career.

The more you practice, the more authentic you'll start to sound.

While I've been enrolled in an online course, I've found it to be quite costly and not as practical as I'd hoped.I recently discovered BP through a friend, and I'm amazed at the wealth of knowledge and support this community offers.

So practically it's likely easier to sell each one individually.

Practiced as a lawyer and also had various investments.

I have some practical questions:1) How often do you clean the common areas?

I’m still working on figuring out the best strategies and practices, and I’d love to hear from others who have been through similar experiences or have advice to share.Looking forward to connecting!