We're funding deals with as little as title costs/insurance to close for experienced borrowers.

Also, does the title go to my name at the time of closing?

 Hello,I have 3 single family rental homes aprox net value after RE commissions-Closing costs for the total ($560,0000-580,000). these 3 are all paid off. 

Closed transaction Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Understanding the local market, construction costs and legal regulations will be crucial to your success.

Toledo pretty much offers the same, if you're set on that city connect with @Engelo Rumora Thanks for the plug mate,Hi Ken,We probably won't be able to assist as we offer turnkey and only to cash buyers.Our lowest entry point is $65,000 and that buys a 2 bedroom, 1 bathroom home that will rent for around $800pm.Plus, I'm pissed of with investors and lately and keeping all deals for myself heheI think you are on the right track with the 43607, 43612 and 43613 zip code.I encourage you to take a look at 43609 and select areas of 43610 and 43620.BRRR out of state is a recipe for disaster but since you are in Michigan, it isn't too bad I guess.Even being as close as you are and even if you lived in Toledo, I would always advise to get professional property management.An investors role is just that, to be an "investor".Elevate and delegate...Sure, you can probably manage 1,2 or 10 properties but that can eventually turn into a full time job.IMO, you should focus on scaling as in finding deals, raising capital, buying more properties, growing your portfolio, etc...And not dealing with tenants and toilets.Wishing you much success

My main issue is that the lender is claiming if I don't close by the 25th they are going to charge me 1.5bps per day until we close out since the rate lock expires.

In my mind it was close to Pensacola, and it was a brand-new build and should have no problems renting out.  3 years later after working with an experienced investor/agent have had nothing but headaches. 

Account Closed makes sense.

He just closed a jumbo STR loan for a client here in Oregon and the same referred borrower also purchased an STR home in NYC.