So, lender probably won't care if you flip to your personal name - UNLESS they've given you a nonQM loan that doesn't allow owner-occupancy.

We put together a team of investors along with a SBA loan we’re able to purchase the facility.

We are looking to use a property maintenance service that allows for maintenance request integration.

its hard to think if it was a normal 30 or 45 day rate lock lock that the process is taking that long to where you would need to extend. i was trying to catch up on previous responses, but it sounds like the cap at the 66% LTV was to keep the DSCR ratio's in line to keep the original terms the same. i do agree with a previous comment that 1.5 bps a day is very reasonable for extensions. most non-qm lenders will except an appraisal from another company and transfer it over. however most lenders (if they are sticking with the same company) will not usually allow a 2nd appraisal, so they might be sending elsewhere anyway. hope this helps

There are DSCR programs that will allow the use of a higher existing lease so long as you can show receipt of the rents for the last 3 months as well as a copy of the original deposit.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I joined a team and surrounded myself with people that were crushing it as agents and investing for themselves.

My other thought is to use the utility allowance we deduct from the fair market rent for the utilities they will pay for as a value they need to be able to pay.

The ARV still looks REALLY good with purchase price, rehab and potential fair market rents......BUT I live in Florida and need a COMPLETE team to be successful if I was to purchase this property....which brings me to you guys!!!

I’d maybe start with, I agree with $x amount even though you missed the deadline but expect the rest returned to me within x days, or I plan to contact tenants rights group to help me seek all damages allowed.