There is a bit of the good old boys club with appraisers, your in or your out type thing with Dodd Frank, so they run the numbers by the books and don't get risky out of fear of losing work themselves.I only do commercial loans.

@Dan Krupa Lots of people do these types of loans.

I mix up the type of letter I send but I mail monthly. 260 is a small size and you could get results or you could get nothing.

I am not UP on this type of activity,,, but on fan value, I don't thinks it is a viable way to secure financing.....

Different sets of repairs require different types of labor, but for the most part you’re going to want licensed contractors of some variety.

Typed Letter5.

What type of building?

I know some cities are really clamping down on AirBnb type rentals and regulating them (the way it should be, just like with hotels).What do you guys think???

It is a buy and hold strategy, as these homes don't appreciate quickly- but cash flow is the goal with these type of properties.

What type of roof is currently installed and what is the condition?