Hi Esther, do you only offer this service in NC or can you work with other jurisdictions (i.e.

It will ultimately depend on price point and what level of service you want to provide. 

Without getting into the weeds of our conversation, their response was as expected highlighting their service and ability to facilitate a loan.

If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

Hi Chris, as I understand it AHP servicing is planning to service third-party clients as well as their own loans

There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.   

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market. 

Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee  

It's highly customizable and integrates well with various tools, including phone and SMS services.