We also provide beach rentals in the summer for all of our guests.What was the outcome?

DSCR for these sort of loans right now is 25% down, 30-year amortization, with a rate around 7%, depending on the lender and deal.

It depends on the situation.

Hello BP,Inquiring for true Private Money Lenders for a fix and flip project in Houston, TX.I’d like to connect to provide more information about myself and the project.

MF houses provide improved cash flow, economies of scale, and faster portfolio development, but they may not appreciate as quickly.

I just depends on the lender as to if they will allow it. 

Two years ago I decided (out of client necessity) to reapply for my NMLS mortgage broker license to provide more robust mortgage options and services to my clientele.

We have several projects in the pipeline that will require re-development and any help you can provide would be deeply appreciated!

I think it is a great idea, steady tenants and a great REI if you are willing and able to take care of it (of course you can have a property management company, depending on what you want to do).

Quote from @Randy Vincent: It depends on the market.