Junior lenders redeem last minute.. 

Lastly, does anyone have any guidance on what to present in an LOI for DD periods/ approval period and extensions.

You need landlord references to confirm he takes care of his rentals, doesn't violate the lease, pays rent on time, etc.I recommend you read this guide, set some standards, and stick to them: https://www.biggerpockets.com/...Thank you so much Nathan.   2023 is his last work in Japan.  

I’ve learned a lot of the last several years.

There has been a ton of growth here over the last 3-5 years.

So last week I did something truly dumb.

I just got off the phone with PenFed; as of last month, they no longer offer the rental property HELOC loan product..

Current negotiation from LL Commercial lease Monthly Rent $6000 Security Deposit will be $7000 (based on last month rent of the lease term)Six Month Build Out Period - June 1 to Dec 31, 2024 Lease to start January 1, 2025. 5 year term During the build out period the tenant would pay $3000 per month rent (June 1 to December 31, 2024)The balance of $18,000 from the build out period would be paid back over 12 months at $1500 per month on a separate agreement.

We purchased a new build home in San Antonio last year.

I was able to scale up to 27 SFR by doing this and recycling equity im properties over the last 9 years to scale up.