Don't use it as a long term financing option.

How'd you finance this?

Partner How did you finance this deal?

good afternoon,
Does a private/ hard money lender Lend money in a rural area?
I have a commercial office building under contract for 375k with 75K down. i have tried conventional, private lender/ hard money.
Everyb...

Rehab Financing: Do you offer financing for the rehab costs?

The big difference between conventional and DSCR property financing is that the lender is looking at the rental income and not the borrower's individual income / DTI ratio (income is only looked at for reserves and cash to close). 

This is because 1) it's the least problematic to follow the rules (retirement accts have separate prohibited transaction and tax rules to follow) 2) it's the easiest to finance if that is something you're attempting 3) it has the most possible tax advantages with depreciation etc. 

Prior to you move out of Ohio when you were buying your iddy biddy singles and doubles for your seller financed portfolio you knew damn well the type of sellers you where dealing with didn't always have or provide historical data.....Ben, while you're here let's chat playa......What about Joe blow duplex owner who's a disabled vet. 

A builder has special requirements when the financing comes from an FHA loan.  

Financing for mixed use is a bit more unique & specialized.