I work closely with the REC, AGs office and the state legislator in Maryland and DC on regulatory and legislative issues around real estate and housing.

Granted you could do it yourself and save close to half that.A PM can save you money by giving you the right suggestions for unit turnovers to increase the rent and yield more. 

In a nutshell what I'm saying is, the amount of cash that you are looking to have in your bank account to close on this is probably going to be different for a commercial loan then you are used to with an SFH loan.

This is spelled out in the contract and usually 10 days for your typical 30-day close on a single-family residence, and 30 days on the typical 60-day close for an apartment or commercial building.

Most claiming to cover closings costs/sellers cost.

Lets get you connected with a local lender. 

Looking forward to getting connected with you all!

A lot of DSCR lenders are technically POF lenders as they only qualify on 4 things: 1) valid driver's license 2) FICO score 3) rent is more than the PITI of the proposed property and 4) proof of funds for the down payment and closing costs and reserves.

While this might seem like a downside, it's important to keep the bigger picture in mind.If you’re looking at a duplex in a good area, close to your work, and the numbers still make sense—even with those lower rents—don’t let that deter you.

I own some rentals in Cleveland and Milwaukee and I am a couple of weeks from closing on another multi family in Wisconsin.