@Zach Lemaster Thanks for responding so timely!

It doesn't happen overnight, but with persistence, wise investing, good money practices, good due diligence practices it can be done over time. 

The buyer originally intended to use a hard money lender that could not get their third party appraisal done in time to close. 

Many DSCR options are cheaper on the rate side than Conventional investment loans are, and often times lower points than conventional with higher loan to values (80 and 85% options).

Check state law because some states require you give them additional time. 

When the time is right, don't be shy.

Keeping receipts and a log of these expenses will help support your deductions during tax time.

As rental rates progressively outpace expenses over time, the growth in cash flow can provide a reliable income stream.In line with my investment approach, I focus on these three key metrics when conducting property analyses:Initial Equity at the End of Year One:This equity can result from either a down payment or improvements made during a rehab phase.

Additionally, cultivating a track record of successful projects can help negotiate better terms over time and foster trust with private money lenders.

If they pay on time, you don't have much turnover, and you don't see big capex expenses on the horizon I'd continue to hold.