I work on television with a union on a long running series that consistently earns me gross 150-190K per yr (union overtime etc affects the annual drift).

Being able to watch them go over examples of deals and see the theory or idea in practice was more beneficial for me.

My question is "Is it standard practice that the Draws are on a reimbursement basis?"

As a result, I am currently unable to make a routine capable of producing consistent results until I know exactly who I should be talking to.

.- Best practices that you found enabled your loan process to run smoother and efficiently.I would also invite those to comment who had applied for the loan, and perhaps used a commercial loan in the end to close the deal.Thanks!

The bank is less likely to foreclose on a property that has so little equity.Correct me if I am wrong, but as long as an invest property is full occupied and has consistent cashflow, a higher rate should not be considered an obstacle because the tenants are paying for the mortgage.

California coddles.NOLO has a great book called "Every Landlord's Legal Guide" and it includes tons of practical advice as well as links to your state-specific laws.

I try to be consistent and I'm just trying to go in and pick the best in the field.

KC, OH, MI and Indianapolis have been very consistent over the last decade in my experience when it comes to both cashflow and appreciation.

I personally have a small printed letter with a professional look to it, I handwrite the owner's name, address, and signature and mail them in a colorful envelope.Whatever you choose to do, as it's been said many times; be consistent and persistent.