I was wondering if anyone has experience with this type of loan and what have been some of your learnings?

State regulation for in home day care 4 people or less do not require any type of business license or does not require the tenant to have any type of day care license. this tenant has 3 children in the day care.  

What made you interested in investing in this type of deal?

Current rates / down payment requirements for a >4 unit building - Rates at 7%-9% depending on credit and loan type (DSCR vs Conv).

In the chart below, the green line represents the 15-year fixed interest rates, while blue signifies the 30-year fixed interest rates.Here’s what happened to the prices (note: this is only for the segment we target, not metro Las Vegas or other property types).Sales - Median $/SF by MonthDespite significant interest rate hikes, $/SF increased in 2023.

In this insightful blog post, we will delve into the different types of records that tenants commonly request from property managers, shedding light on the importance of maintaining comprehensive and easily accessible documentation.

For the most part, people who have chosen a remote or traveling type job do so because they like experiencing other cities.

Purchase price: $525,000 Cash invested: $157,500 Townhome across from beach, ICW and ocean views, good rental potential What made you interested in investing in this type of deal?

When I have seen some early JV type structures done in the past, the ownership in the deal and all the upside was 20% of the ownership for 10% of the equity.  

Many borrowers end up refinancing out of these loans to secure lower interest rates, especially given the initially higher interest rates associated with this type of loan.