If there is something you don't like, then you can always walk away.I know past performance does not predict future results; however, real estate has always appreciated over the long term.

Hi All- I'm looking for help finding a lender who will REFI at 30yrs based on the performance of an asset/income property.  

Commercial loans are more expensive sure but they are based on the performance of the property.

Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to target sponsor who use professional 3rd party administration that verifies the sponsor, their background, their track record, and their performance.

This registration will allow them to pull the building permits and hire out the tradesman as needed.Plumbing, HVAC, and electric all DO require trade specific licenses in order to perform any work and pull permits.Hope this helps.

I say that because the market I'm most familiar with has performing properties for 60-100k, with 20% down you could be in a great place with reserves on a 60k property! 

“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive.

As long as the assets are performing, I'd be surprised if you did not find at least one that was willing to give a portfolio loan out on them.Hope this helps a bit - please, feel free to reach out anytime if you have other questions or just want to chat!

Most properties are very under rented and don't perform well unless rents can be increased.

Will a property manager perform due diligence on a property?