Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

You likely won’t be able to cover all of your mortgage PITI with the rent payments that you’ll receive from one half of the duplex.

We had to filter reports, well needless to say, we too switched.Processes are the same for all software, enter invoice, receive payments and pay bills.

We agreed that they would rent until they had enough for a good down payment.

He’s funded my deals by taking out a loan from his 401k and I would make the biweekly loan payments , and pay him a fee once I sold my flips and refinanced my last property.

Leaving servicing up to the lender could potentially put your installment payments at risk and in many states servicers need to be licensed anyways so double-check that part as well. 

If the payment is conditional on the closing of the property, that's brokering and requires licensed agents.It can get sticky in my experience.One way is to pay for the leads, so its not conditional on the closing. 

DSCR terms are simply worse then a conventional loan meaning you will have higher closing costs and likely a pre-payment penalty (which can be even more expensive in the long run then the upfront closing costs).

This is how you really crank your ROI up, making that original down payment work harder for you.When you are in the acquisition phase of a portfolio you should be using other people's money such as mortgage to grow.

I asked Chatgtp what the differences were and got this reply: XIRR (Extended Internal Rate of Return) and IRR (Internal Rate of Return) are both methods used to calculate the rate of return on an investment, particularly in the context of real estate investments.