If its the same loan product, you are looking at the rate terms (interest, points, lock time) and lender fees. 

I am interested in purchasing tax liens and properties at deeds sales to create a STR and LTR portfolio.Would love to connect!

What is your solution for when the Due on Sale is called?

Hey , thanks for your insight, i also know all those things so i guess my real issue is im afraid the unit wont appeal to people and i either cant get it rented , or the type of people that would accept that type of product would be the type that make me regret this decision.. shrug maybe irrational fear from hearing stories or podcasts. its possible . but thanks again. adding the gate , carport all of those ideas were just for the renter not myself.

Property Management: 10%I also use PITI based on actual insurance quotes and estimated property taxes on property value AFTER the sale.

Thank you again for directing me to this product!

Due on Sale gives the lender the option, but not the obligation, to call the loan due.

Also, the transfer of title would insure costs, and you would need to make sure the due-on-sales clause would not be an issue.If you decide to proceed with the business purpose financing, lenders will generally require credits from all three of you given the shares of the LLC is 1/3 of the company each.

Through forums, references, and various means, I've spoken with the sales team of ProVision PLC, which quoted me a one-time $12,500 fee for initial consulting and roughly $3,000 a year to file; Hall CPA group pricing starts at $5,000, plus filing, and then a yearly $2,500 fee for continued services not counting filing.

Found a lender through the local community and leveraged one of their more unique products.