I am looking at structuring a deal and I'm worried the DSCR will be too low and the deal may benefit from restructuring by purchasing the 2 vacant out of the 12 otherwise occupied units with hard money as opposed to trying to purchase all 12 with a institutional loan just because I'm worried the 2 vacancies will drag down the DSCR for the new purchase.    

Looking for a LOC that I can get in and out of quickly and easily as I find deals and then cash out of deals. 

Juan,CU can be tough when it comes to guide lines, overlays, DTI, credit, property type/condition. 

Hi everyone,I’m reaching out to see if anyone has experience dealing with local regulations that seem to overstep property ownership rights.

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

Unfortunately the high interest rates makes finding a cash-flowing deal quite difficult.

Here in College Station, Texas, multifamily properties are in limited supply, keeping prices high and leading to multiple offer scenarios for good deals.

The other heir has agreed to the deal  and is not interested in the property.

The extra cash will help because it shows that you have reserves, but you wont automatically get a sweetheart deal just because you have X amount of cash. 

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