8 percent on the loan is great, but if you don't know what you are doing on the rehab portion of the numbers are wrong, you could be creating too tight a window for success here.

As a real estate agent in an ever-evolving market, staying ahead of the curve and keeping sales momentum up are crucial for success.

Thank you for your suggestions this is a good point and may help in negotiations.

Get a recommendation for someone that does this sort of thing...there are many.The most success that my buyers have had was to get a local designer that does the design + install and set up. 

This bridge loan will position our client (who is very experienced and seasoned in this market) to successfully continue lease up and manage rent increases up to market until the property is primed for the HUD take out.If you are experiencing a similar story with any of your multifamily assets, please don’t hesitate to reach out directly, and we will work to identify if there is a solution to revitalizing your deal with perhaps a new Bridge loan until it is fully stabilized for agency or HUD.Maureese Jones | Commercial Mortgage BrokerCell: 717-881-3358 | Website: gparency.comAddress: 481 Oak Glen Rd, Howell Township, NJ 07731Follow me on LinkedIn

I started using Quickbooks online several years ago when I found myself with 2 schedule C businesses to track (my real estate agent gig and a very successful year as a freelance artist) plus an LLC to manage rentals, my owner-occupied duplex, and another property not in the LLC.

Their students” either learn only the basics, not the “nut and bolts” necessary for successful deal conclusion, or learn a dangerous and sometimes legally cloudy methodology.  

Why would a successful agent spread themselves even more thin and have to build more systems around another thing?

Hey Fred, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

How did you find this deal and how did you negotiate it?