Don't spend too much time comparing a seasoned sponsor with a decade plus of experience to a newer operator.

There is no seasoning requirement to refinance a conventional loan.

I have a lender I have done a few deals with that has a no seasoning 80/20 DSCR cash out refi. 30 yr am. 

@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.

Hi BP community,I am fairly new to syndications and would love someone seasoned and experienced in syndication world to sit down with me and go over the numbers.

Is it time to bite the bullet and join the world of Automation?

That synergizes well with snow removal and lawn care seasonally.

You will want to run projections on each individual property to ensure that it will produce enough revenue during peak season to cover your low season months.

@Archie BarrettJust wanted to say that there are MANY reasons to consider a DSCR loan vs a conventional loan, not ONLY if you do not qualify for a conventional loan due to DTI.Possible DSCR Benefits:Can do cash out refi prior to 1 year seasoning of the mortgageCan do cash out refi with no seasoning of ownership (with some lenders)Can do a loan with much less paperwork (this comes more into play every time you add a property)Can close on a DSCR loan directly in your LLCCan have your DSCR loan not report on credit (depending on the lender)DSCR loans can be cheaper than conventional loans for many credit scores and down payments.

This last tax season they both went all the way through the process with various properties and got minimal relief.