DSCR loans are not that low and regular hard money loans will be in the double digits.

This means you will need about 18+ loans each at $30K earning you monthly passive income (with double digit returns). 

Once they sign off and tell you they look good then you will have like an over night envelope to put them in and mail to title.Once Lender looks over signed docs (the digital ones), they provide final green light to title to fund the loan.And I'm out of breath... 

A good PM can often get higher rent to offset their cost because they manage at arms length compared to the owner who may be worried about charging market because it’s “too high”.

And what if interest rates are going to go into the double digits.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Still lots of work to do on the house and the “book” I still have to figure out what to do for it (paper/digital/both), and a few more things I probably am not yet aware of … reading on this forum and asking questions sure has helped out a lot.

This is just bad banking practice and FTC should be aware of digital platforms like Baselane in many ways abusing their powers and washing their hands off. 

Many of our LLCs have virtually no digital footprint.

While I know Brandon and his team has experience, the going in cap rate is very low for MHP (I was told mid single digit).