The customer service level reflects the difference between indifferent salaried people checking boxes and letting automated software do whatever it wants to do, and folks paid for production (like if you went the refinance route, rather than assumption).

I have nailed down a 63 unit mobile home park with excellent cap rate to purchase and have a letter of intent with the owner with a purchase price of $750,000.  

But at the price you are paying you don't have much to loose and if all goes well you'll have an excellent return on your investment.

I’m looking forward to a long and productive relationship with Tammy Richards and Sherman Bridge Lending.

We only have a house or two, we say.And just because we got away with not having a professional layout when we received a mortgage for our first rental or even second rental, we think it's okay just to present a mortgage company, bank or hard money lender, just some figures written down on a piece of paper or on an Excel Spread Sheet.But what happens when the time comes when you want to really expand?

Heck, if the area is as good as you say and the deals are awesome you can get you can hit up a local REIA, move product, and use those profits to start scaling.Now, this is admittedly a VAST oversimplification.

Hi everyone,Asking for some advice on specific condo/townhouse communities you are aware of in Coppell/Plano/Frisco ISD which have units priced at <$200K (preferably <$150K) and would attract higher-quality tenants with school-age kids due to the excellent schools. 

We never considered this a bad thing because we could afford it (and have enough of a safety net to cover a market downturn) and knew that San Diego real estate has an excellent historical track record for appreciating over time.

It compounds your problem because even tho you can have excellent cash flow they won’t account for it in your debt to income analysis.

Excel might get you where you need to be but quicken wood be considered a business expense and its probably easier to learn how to use it when you are working with smaller numbers.