This means a contract between yourself and GC and just as importantly contracts between the GC and your the sub contractors.

Hello Valery,I just saw your post now, though it was posted a long time ago.

-Got lenders who do DSCR loans?

[BLS]TP: While this data release wasn’t a disaster by any stretch, it didn’t help things either — especially following the much stronger than expected BLS jobs figure out the prior week.Builders are (almost) bullish.

Hey Jeremy,Do you think we'll see 10% down again?

How do I do that?

Ahh I presume this is for STR if you're doing marketing efforts then?

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

Hi McKenzie,It sounds like your first renovation project was a great success!

Without that tenats do not stay long term ( my definition of long term is 5 plus years)