Value comps are about 540,000 my debt is around 385,000. my monthly net CF I’d about 1,500 haven’t raised the larger u its rent in over a year due to wanting to retain the current occupants. 

when u say chemicals. what exactly did you use?

And also, pricing at 7% with that low of a FICO is highly unlikely, unless I am missing something here@Robin Simon I'm not familiar with the quote but confirming our minimum FICO currently is 640 however if there is a partnership (multiple full joint and several recourse guarantors) we currently take the higher of the two median FICOs if equal ownership % Also - 7.625% is certainly in our ballpark currently - doesn't seem unreasonable with our rates right now! 

I would love to know what you think about the area and if you are interested in wholesaling or joint venturing with us.

@Chad U.

(I know you're not a lawyer and will eventually seek professional advice.)
I just talked to my RE broker and he said with LLCs you typically do commercial loans. I don't like the terms and would try to avoid.
We cou...

Hey Dan, just thought I'd thank u again for your input, we decided to renew her lease n she was very happy to stay n pay market rent.

I would be willing to joint venture on marketing efforts and everything in between just to work with someone.  

U only post your versions of this that supports your narrative... 

u do need money for the horizontal or you need a loan for the horizontal if this is a new plat.. for infill this works great.