@JD Martin agree 10,000%What I am surprised about is I had a call with someone in Austin today and in sw Florida and they both said things are awful and prices are dropping at high rates - curious don't hear as much chatter here about that as it could be an opportunity 

For lending, your rates are going to be higher than if you were to buy under personal name.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

I don't know how to post documents to my profile yet or if that's a thing but I just made a 4 page ASR package based off of another site.

What is the interest rate on the HELOC?

Sometimes they’ve already negotiated solid group rates.

So ya-see Jimmy, that's how we have a FACT-BASED conversation on "I can land 1%+ deals no problem"........

I'm hoping appraisers start to see the value of these additional units in the next few years so that I can Refi into a traditional 30yr while rates are still low.

Currently a corporation owns a portfolio of properties and the investors are looking to dissolve the corporation and divide the assets amongst each other based on share value.

If it's already turnkey that means you're paying higher rates than necessary when you could put 20% down and get a DSCR loan with lower rates and fees.