The home I’ve been renting is going to be put on the market.

My team and I dive deep into market analytics to provide our clients with comprehensive reports that guide them in making informed, data-driven choices when entering new markets and setting up their vacation rentals.Moreover, we prioritize a human-centric approach in our designs, ensuring that not only are the aesthetics on point, but the functionality and comfort lead to happy guests and consistently stellar reviews.

The rentals are paying the holding costs on it so far (taxes and insurance are high in this market).

Lastly, it could be that the bank is going to portfolio your loan at below-market pricing because they want the entire banking relationship (deposits, transaction processing, consumer lending, etc) or simply want the risk (yield).Lots of local and regional banks have been retaining loans at really aggressive pricing recently as the current environment makes this favorable for them.

Are you planning to invest locally in Louisiana, or are you looking at other markets too?

I have several deals I'm putting together with houses under contract that are below market and will cash flow when closed on.Doing Due Diligence and I wanted to see what experience you guys had with this lender.

Generally the fees are going to be very rough on DSCR Loans of that size (as a percentage of loan amount) but probably no choice right now - the market for DSCR Loans under $100k is very small and less than $75k even smaller. 

Work with a REALTOR with a solid marketing plan and a network of buyers. :)If you are trying to market specifically to investors, join local investor groups (in person or on facebook).

If you're considering other markets outside Cleveland - make sure to check out Columbus OH.

What has worked well for me is looking at properties that have been sitting on the market.