I heard a podcast this weekend with a guest from Ridge Lending Group that seemed to imply if you documented something the right way on your closing statement that they could then let you do a delayed financing for the purchase price plus rehab costs (still under 6 months).

From my experience, though - again at least around here, the bank is usually the one that starts paying for management services to for instance winterize a place - so that would imply it has already changed hands. 

The estate agent implied that the ARV was $500,000, so $50k more than my assumption.

The problem with this "rule of thumb" is that it implies more expensive is better.

They're promoting themselves on podcasts, in person and online as syndicators and implying that they're taking deals through the cycle when in fact they're raising capital and then building little or no asset management experience.

In my mind, this kind of advice is dangerous because it implies you can buy without putting any money into the property.

I'm hoping that would imply there's room to increase the rents via improving the quality of the units.Thanks again for the response and educating us on what DSCR & CAMs are about and how those figure into the numbers, we really appreciate your input.Cheers!

Boom and busts rarely occur as these markets keep chugging along and you also have "Hybrid" markets as the name implies, these markets exhibit a combination of linear and cyclical characteristics.

So this would imply Mortgages are stable? 

@Jonathan Taylor SmithMy understanding of "off-market" is exactly what you were implying.