Most hard money lenders base their terms on the deal’s equity and your experience, so with a solid flip track record like yours, you should be able to find better leverage — especially if the deal has a strong ARV.What's the ARV on the property?

Send as many letters as you want; many will not pay any attention to your pleas.How about instituting a RUBS based on square footage? 

If you want to buy  STR or MTR, i recommend buying next to hospitals there or near strong economic bases.

The DSCR loan would allow you to qualify based on the rent you are collecting and get up to 75% of the value (175 x 0.75 = 131.25k, minus 20k payoff and closing costs.You could get a line of credit or a bridge loan against it to borrow money, but it would be higher interest.

View report*This link comes directly from our calculators, based on information input by the member who posted. 

Is the 25% from LPs realistic based on today's market?

Great community to bounce ideas off of as I build my knowledge base.  

There is a solid argument of course for MF investing and scaling based on NOI.

All Texas based. 

Just about everywhere in the US uses some version of IRC for its base code and then makes some changes to that as they feel necessary for their locality.