The rentals are paying the holding costs on it so far (taxes and insurance are high in this market).

There is a Multifamily Market Analysis & Investment Webinar coming up July 26th at 4 p.m.

Lastly, it could be that the bank is going to portfolio your loan at below-market pricing because they want the entire banking relationship (deposits, transaction processing, consumer lending, etc) or simply want the risk (yield).Lots of local and regional banks have been retaining loans at really aggressive pricing recently as the current environment makes this favorable for them.

I have several deals I'm putting together with houses under contract that are below market and will cash flow when closed on.Doing Due Diligence and I wanted to see what experience you guys had with this lender.

Work with a REALTOR with a solid marketing plan and a network of buyers. :)If you are trying to market specifically to investors, join local investor groups (in person or on facebook).

What has worked well for me is looking at properties that have been sitting on the market.

Generally the fees are going to be very rough on DSCR Loans of that size (as a percentage of loan amount) but probably no choice right now - the market for DSCR Loans under $100k is very small and less than $75k even smaller. 

If you're considering other markets outside Cleveland - make sure to check out Columbus OH.

I would expect the success rate to be well under 10% and the make back your money claim to be a best 25%.  

I am new to the system and would like to connect with someone that has successfully used the "Affordable" module to manage tenant move-ins and move-outs, annual recertifications, and monthly housing assistance payment requests.Thank you,Moises