What you always have to remember is that the decision isn't being made by Bob and Sally sitting in their living room.The lender knows what they need to make them whole on the loan.

@Trace Garretson to add to the locations that @Bob Razler mentioned. 

After letting him know she needed a name and phone number for someone that will be familiar with the file, he gave her Bob's number.

Bob Proctor is the guru from the secret?

Originally posted by @Bob Green:In regards to hard money, you can set it up either way, but when it comes to the refinancing into a long term debt program most portfolio lenders will require a LLC. 

@Bob Bowling So all of these potential lots are in historic urban settings, so offstreet parking is limited.  

You have pockets of good and bad, especially as you get closer to downtown.Also, seconding what Bob said above - be sure to be looking for cash flow instead of appreciation with this deal, because we don't get much appreciation here. 

@Bob Bowling OP said Total rent roll: $3,050 a monthMultiply that times 12 months you get the annual NOI divided by the annual mortgage payment.  

@Bob CollettThanks , its on Marmore AveAre there any contractors you can recommend to get an estimate

Hello Bob!