Potentially a temporary solution until I can discuss wiring for outdoor cameras and flood lights with electrician is the WYZE wireless battery operated cameras.

Is that true?

@Elijah Crew With a true private lender (friends family and associates that know and trust you), it is possible, but still rare, to do 100 % financing.More realistically you put some money in at the beginning.

Chris Mason, mortgage broker, was instrumental in making this deal come true.

Depending on that, you want to assess the ARV based on true MLS comps and understand the full repairs before which will be more than cosmetic if it was owned by someone who passed away.

I get loans from a local bank who takes application deposit which are refunded if no loan is closed, less the cost of a credit report or possible appraisal.they offered true no credit reported commercial loans that don’t count towards your Fnma list and have long before the new lenders.

At what point does it become a true "park?"

Think large expenses like appliances and mechanical equipment.I hope you don’t mind, but I took the liberty to regenerate the calculator so you can see the true figures on this deal.

Is it true some lenders will do 100% ltv on commercial mortgages if the cap rate is at least 10%?

They aren't all bad, but if you want to make money, the selection of the property management company should be a top priority.You should request the rental history for the property to give you more accurate numbers.The setup you gave is "too good to be true," or "if it was that easy, everyone would do it."