I’ve done it before with other lenders and don’t mind the “extra work”.Are there any known lenders out there who have a similar rate for condos currently and can work off of P&Ls and leases?

Thats a good question, Just purchased Batchleads.io membership to give it ago, So far it has the Skip Trace feature and able to obtain mortgage and lien info of leads but, I though it was fine and dandy until I wanted to see how the current MLS data reflects on there.

Have done tons of research into taking loans etc, but probably settling on getting 20% DP and 6 months worth of monthly costs (maintenance/mortgage/utilities).Started looking to my state laws and saw I need 3 years experience to even get a MN broker license and was wondering how I should go about that.Does that mean I have to sell houses or is there a way to become an employee under an existing property manager?

.$2M in, at this future time, lightly levered RE.Supposing this is close to what you’d love, one could spit out a financial plan that looked something like the following:- Max HSA- Max 401(k)Use leftovers to go on a shopping spree buying RE at relatively low leverage, potentially on 15 year mortgages, in local LCOL area (which probably also means a relatively reasonable cash flow market)Obviously I’m making a ton of assumptions here and will be wrong in ten places.

It would be in the lender's best interest to do so.

If it's to hold long term and pay down the mortgage, the appreciation and mortgage pay down is great.

Assume 8% mortgage rate and 30-year term.

Assume 8% mortgage rate and 30-year term.

Hard money lender How did you add value to the deal?

The owner would not have a mortgage.