PMLs exist, there's zillions of them, real estate investors work with them every day and PMLs fill a need and have a role to play as a specific tools for a specific situation.See if you can put a sharper point on your question.Mike Thanks for this Mike! 

Since you said that this property is a townhome I imagine yours is attached to the one you are considering buying.

I can't wrap my head around believing that has any seriousness in it what so ever.

This is a follow up post to one I created yesterday regarding a DSCR loan.  

This can end up costing thousands more dollars, which can obviously affect your margins. 

Thanks for this info, Rob.

I am looking to purchase this investment duplex property which was built prior to 1940.

Hi Patrick, I grew up in NH and lived in Manchester until this year.

The problem with a cash offer using hard money is it still has to go through their underwriting and there is a 3 week turn-around, so the deal would fall through if something didn’t work out.

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