The contractor does not necessarily get the money, but has to pursue it, and it still allows me to sell the property.Any further advice/thoughts greatly appreciated.

Some programs will let you spend as much as you like to buy the rate down (to their rate floor), while others do have a cap of 3-5% max buydown like you mentioned.o Seller concessions: The typical max allowed seller concession on a DSCR loan is going to be 2-3% of the loan amount.

I am happy to connect and chat to discuss what my team and I have been seeing/experiencing in the market. 

They never allow anything less?

Trying to establish my team so any recommendations for realtors, contractors, lenders, etc will be appreciated! 

I was using Stessa before but it didn't allow you to account for other income and expenses, like salary, groceries, ect. 

This will allow us to complete the 1031 exchange.

So while you're visiting these markets, not only the brokers start establishing connections with property management companies and also lenders, because when you buy that first asset in this new market, you need to have your team in place.

Feel free to PM me and I will add you to our team's deal mailing list and can provide referrals for lenders, contractors, etc.

Does this investment only allow you to live in the motel room or can you rent it out to guests?