.- Deal underwriting: JV partners, other BiggerPockets members, hard money lenders/underwriters. - Contractors- Capital providers: JV partners, private money lenders (PMLs), hard money lenders (HMLs)sFor additional context, are you going to be flipping and actually selling or are you going to be fixing and holding for rental income? 

Taking over his already paid down loan at 3.5% for 28 years saves a ton of money and no bank qualifying or lender costs.

If your lender does not allow it you can refinance the mortgage and use a DSCR or a Portfolio loan program to take care of closing in an LLC. 

Tune in to the BiggerPockets Podcast and connect with the local lenders and brokers.

If you are planning on buying and holding, lenders tend to like you putting 20%-30% down.

I will be talking to lenders this week, calling around.

Do not provide substantial services 3. average stays of 7 days or less4. materially participate Primary Residence route:I presume that doing this route will:1) portray yourself less risky from a lender's perspective2) Less downpayment requirements.

I have been involved in a number of exchanges as an investor, a broker, and a lender. 

It seems to be a very tightly managed building, which is typical for Ocean City, Maryland from what I have heard from my real estate agent and lender.

In order to compare them apples to apples, I'm planning to review them and also talk to the insurance agent of all three companies.