For firsts I have seen one company recently doing 30%+ on first position liens.

@Jay Sloan  Hello, for someone who is interested in learning about commercial real estate can you tell me why the proof of funds from Peter Harris' company seemed out of the ordinary? 

Quote from @Duane Williams: We’re a family-owned fix-and-flip company operating in San Antonio, TX, and Northern Virginia, managing everything in-house—from wholesale acquisitions to rehab & construction (with our own project managers and crews) to listing & selling through our licensed brokerage. 

It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).

Our current insurance company decided to not renew the policy.

I’ve built a solid network of contractors, hard money lenders, conventional/DSCR lenders, and property management companies that serve as my trusted boots on the ground contacts in Memphis.

The insurance company will send you copy of the tenant declaration page proving coverage, and they will notify you if the tenant ever cancels the policy or allows it to lapse.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

My company for my personal house covers my STR very reasonably.

These clients typically do not need to use a debt broker (unless the lender specifically requires them to work with one - such as Freddie Mac, Fannie Mae, life company correspondents, debt funds, and certain banks / credit unions). 2.

kind of like prosper and those type of companies ( which I cant see loaning money to individuals totally unsecred like a CC company ) that seems like super high risk.