Across the $1.3 billion of our loans that reached initial maturity over the last 12 months, 42% paid off with 90% of the remaining loans qualifying for extension.......So you're right when saying the capital cost to do loan modification is very custom , in wolfstreet the author mentioned how one JV can continue 4% rate ; but in most other  MF case, the new family loan is 9% ; it seems it's dictated more on how lender positioning their own capital and CRE CLO positioning.

The customer who will never do a deal.

Alongside this journey, I’ve started my own car detailing company, which has given me a solid foundation in business management and customer service.

Dimensions and layouts on these are mostly standardized so you shouldnt have any problem unless the existing cabinets are custom built for the space.

Considering the figures of 95% occupancy and $750/night, it's akin to a software business having 2+ customers on a $21,500/month subscription EACH.Unlike software startups, real estate offers "easy" bank loans, so each dollar invested effectively becomes $2-4.

Past customer How did you finance this deal?

We deal with our customers ethically, professionally and honestly.

Who then like others said, wanted 150 dollars to talk to an attorney who then would give me a custom plan and a custom quote.  

If not I suggest that you call customer service to find out.

If you can handle this type of "customer" you can make millions.