Places like Memphis, Little Rock, TX, Oklahoma or even Alabama. 

I'm guessing I can't be the only one...How do people find comfort in knowing the interest payments, over time, could even exceed the original value of the loan?

Good evening everyone,how do I separate utilities when I have an ADU that is rented with a fixed utility price?

A property listed at $9 million, even through the neighborhood shows comps at $5-15 million, still isnt selling after 1.5 years.

Hi Sam, Like my colleague mentioned, we have assisted many W-2 high wage earners that have purchased STR’s to add to their portfolio.  

If they're in 2nd position and even if there's substantial equity how could they move into any type of foreclosure??

Even though your pricing might be competitive, the market in Rotonda West might have its quirks. 

If the deal is still worth pursuing even if he doesn't fix it, then close.Get a contractor out there and see what the cost is.

@Rakesh Battula, before even looking at the true financials like Nikolas quickly did, there are some things that don't make sense:1: If it is 100% occupied, why are you assuming anything about free rents with estimates.  

Not 1 of the over 15k wraps have gone back to bank.Come on guys -- let's have an actual discussion on how to better the industry vs poo pooing on anything written My circle is good -- we do things correctly and as risk free as possible -- just looking to get even better - always looking to improveLet's Go!