The contractor has been giving me final receipts.

Lender Information: - Company: Loan Direct LTD - Loan Officer: James Baldwin2.

I have not worked with anyone who does DSCR loans.

I was thinking I would need to get a hard money loan to cover that, and it would eat up most of the rest of the cashflow and then I would look to refinance within a year or two.

Back in Washington where we fix & flipped properties I did anything from general contracting from demo to finishing touches, managed project budgets & timelines to stay within our projections and SOW, raised capital for down payment on hard money loans, interest on loans and rehabs, worked with my hands (best at flooring, trim, caulk, cabinets, fences, punch list items) and was the real estate agent for acquiring and selling our flips.

After the Great Recession, he could have moved part of his money to real estate to take advantage but he didn't because he understood that it was a temporary and abnormal situation and not a base to change his business model.So, finally, let's see if US real estate is the right basked to invest in, if one such basket exists.

You want to be first or 2nd in the capital stack if possible. 1st would be a cash purchase and 2nd being behind a loan.

This also serves another purpose, banks require a PSF to approve you for commercial loans hence having this document completed aids in your ability to be approved for loans promptly.

Think Superbowl parties, World Series, Final 4, Etc...

I heard using my own name is easier to get approved for loan and having lower rate.