Most DSCR loans come with a prepayment penalty that is typically 5% for the first year, 4 points for the second, 3, 2, or 1 pts for each year.

Be ready for continuous learning and remember that networking is essential in this industry.

I plan to refinance in two to three year once rates come down a bit.That said, I need to be very confident in my numbers on the hotel, since I'm putting risk on my other properties and essentially wiping out their cash flow.Happy to connect.

Safety Measures: Proper equipment and safety protocols are essential for high-rise cleaning.

Investors need to factor in zoning regulations and parking requirements, which are essential for smooth permit approval.

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

As a licensed contractor, I’ve worked with expediters and know how essential your role is. 

For instance, sourcing cash flow deals is essentially nonexistent in affluent metro ATL markets with high employment, exceptional school systems, and attractive nearby amenities.

Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

April is the only real low month.It's a funky place -- essentially a 5 room motel (originally built 1959) with a manager's unit (built 1984) tacked onto it.