Hi BP Community, I just got a senior care facility just south of Fort Worth under contract and am looking for a DSCR lender who can help with the purchase.

I'd check to see that your marketing is good first.  

I have personally not worked on any of these but it does not seem to be anything too crazy.It's an FHA Loan that can be combined with other FHA products like a 203k.I am a Loan Officer for "Correspondent Lender" so I can operate under the rules of over 100 lenders...I would be able to place this in a few hours with 1 email...We would just have to make sure all the boxes are checked...Energy Efficient Improvements Must Be Cost-EffectiveThe financed portion of an Energy Package must be cost-effective.

I'll check out the book, thanks for sharing!

Check market demand and rules.

We are still buying when there’s something worth it.

Around 20,000 homes in Maricopa County alone last time I checked.

I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through &  find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.

@Drew Sygit Hi Drew, Thanks for the feedback, I'll check out the page

Very Simplistic example - YOUR payment is $1,000 but because of inflation that $1,000 is now worth $800, you are saving $200/month FOR THE LIFE OF THE LOAN.