So investment properties that are commercial in nature (think office buildings, retail strip centers, etc.) cannot use DSCR loans.

It depends on the deal, but what we did was give the PMP (Private Money Partner) 50% equity in the property to fund the entire entry fee.Thats not necessarily a rule of thumb.This to me is a sliding scale based on the Cash on Cash return you can expect.Further , we offered our partner 75% of the cash flow until they are paid back in full, then the cash flow return drops down to 50%.All liabilities would also be split 50% with this partner.We called the company we use , who establishes our LLCs, opened an LLC, wrote up an operating agreement and a JV agreement that outlined all of our responsibilities for the asset.

It may impact the loan and will require you to pay transfer taxes based on the assessed value, deed prep and some additional accounting fees to address basis.

For example, Clarksville, TN (outside of Fort Campbell military base) could be a great option.

So any person that comes your way, you evaluate them based off the probability of the listing being closed on(via representation as the buyer or seller, or both).Someone offering 10% under list isn't a tire kicker; they're looking to get the deal done.

So, again, we have to do their job and chase the seller for that info.So, based upon our 24+ years of experience with agents in these capacities, we're all for raising the bar!

based on my calculations, I've decided on term life, 20 years, 2 million.   

I would call it simply a strategy based on luck.

Hey even flipping we're good at.Ask your questions here, anything counts, in one place and I will give you a solid data-backed (NEVER opinion-based) answer.In case you don't know me, My name is MSOOTKAUG, and am quite damn good at generating actually motivated seller leads, ranking websites #1, Credibility, and Conversions and people usually have to fork over their first=born child to have me consulting them.

Also, based on the need for capital, will you be operating the deal based on your experience?