Floating rate debt can work well, and I had many properties financed this way when I was in the small multifamily market, however if you have a balloon payment that becomes due during a year like this with an unforeseen pandemic, it can definitely be troublesome.Either way I think investors need to fully evaluate their portfolio and balance sheets and determine themselves if they are over-leveraged.

By doing this, I would like the opportunity to learn how to evaluate all types of deals whether that be flipping, new construction, BRRRR deals or wholesaling.

Most of these sights (1) are run by tech guys with no real estate or investment experience (2) the real estate or financial analysts, underwriters or managers they hire are relatively low paid, limited experienced professionals without the ability, skill or knowledge to competently evaluate a commercial deal (3) if the site itself is an “intermediary” then most of the sponsors are also new, inexperienced, and only their least attractive investment offerings end up on theses sites.I’ve been syndicating real estate investments and real estate note investments as a sponsor since 2001.

I didn't do much with the license for a few years, but I made sure to get daily emails for several neighborhoods from the MLS and I got really good at quickly evaluating deals.

@Martin Guerrero although you can (and often should) bring a GC with you (esp. if you plan to do a rehab), if you want to become a successful RE investor, you should make it a goal to become proficient at evaluating properties (meaning: evaluating problems with the property, likely costs to remediate problems, potential value add opportunities & associated costs, etc.).Ultimately, you want to become almost as good (or maybe even better) at evaluating properties as a GC and inspector.   ...Once you get to that level, you become an invaluable piece of your due diligence process, and your due diligence process involves three experienced pros (you, your GC, AND your inspector--which is much better than just a GC and inspector).  ...at that point, your due diligence process is multi-faceted and very robust (which is critical to success in RE investing)....you can make your due diligence process even more robust by adding an agent who is highly experienced in property rehabs, RE investing, and who understands how to evaluate properties.Good luck out there!

I am currently learning to use the BP calculators to evaluate whether or not a property is a good deal! 

We are evaluating our options as it is furnished and we like to have friends and family use it.  

Forgetting that their research did not support the higher rent price when they originally evaluated the deal.

From a fair housing perspective, you should have written tenant evaluation criteria.

Maybe I am missing something here.I'm wondering whether this is a reasonable metric to evaluate lenders on, because as explained above it seems so to me.