This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.

Cost-Effectiveness: Considering their fees, is it cost-effective to hire a fiduciary financial advisor in the long run?

Best to buy your next rental with cash to save yourself the $5k loan fees and 7.25% interest👍 

For the first property I did, I had someone in the building meet the deliverymen and paid them a small fee for their time.

Originally posted by Shawn Dandridge: I've been reading that many investors buy the liens and rent out until the bank forecloses.

One was a SFR I rented out for 30 years, never made much on CF but sold for 1.2 million, original purchase was 140k and total actual cash invested was less than 75k. 

One thing to consider, if there's a draw fee, that will be booked to the WIP account. 

@Jeremy Bourgeois who paid the VA funding fee?

then you really don't have a problem...except that you are forced to switch horses in mid-stream which I know is not desirable....A new GC will not always charge so much more to take over a job mid-stream, it just depends on a lot of things (like the original GCs reputation).I would get a release (of sorts) stating that the original GC will warranty the work that he has completed and that the new GC is not liable for any work not performed by his company.

The original poster never said how she was doing that, but complained that she couldn't find any.