For that $ down you probably could've done a bridge loan to hold you over then go through conventional methods after. 

For example, your legal fees are not likely to be a percentage but rather an hourly rate or flat fee regardless of deal size.I'd also add a few items to Brian's list:Due Diligence (if you hire a third party to do it--and you should)Lender legal -- depending on the loan amount and type of loan Rate caps -- some variable rate bridge loans require that you purchase a hedgeInsurance -- don't count on paying a prorate.

This can help connect that bridge between you and them and give you more social proof and trust.

Bridge lenders care about Debt Yield of 1.1$300 per door value addBut, that's just numbers.

But like in Adam's experience, I rather offer them a way out without having to burn bridges because it's the only option they feel they have if that makes sense.

Low doc. 8.5% - 10.99%Quick Bridge, 75% LTV residential investor and 5+ units. 48 months.

Using the example of being a civil engineer, I can take a class on how to design a bridge using steel and concrete - and I know about how its done, but that does not mean I could do it and be successful at it. 

The problem with the money/tourists coming from Hudson to Catskill is that everyone seems to be terrified of the bridge.

It really is exciting, a true rebirth..I have lived and owned a home in Hudson for 10 years, great to see Catskill finally getting some action- Hudson is excellent- but I see more opportunities across the bridge at this given time..Keep in touch !

In need of some recommendations for a property management group that services Catskill, Athens and Hudson...If they don’t cross the bridge, a PM that handles just Greene county will work.....Thanks BP community !