These folks are a multi-billion-dollar-AUM kind of player, real institutional level, so there is a bit more of a "wizard behind the curtain" aspect to it all.

If you worked with servicers on short sales, they are the same understaffed institutions.

It makes small investor like us feels good that just simple cashflow 2/1 BR and/or flipping duplex and/or househacking would just work.Maybe we're better money manager than all those institution player after all......maybe the 30 Year fixed rate mortgage , that's all what we need.7% residential interest rate seems like a bargain compare to those syndicator 5 year balloon loan.

If you have a stable bank flow record, you can usually get a loan from some small institutions.

The bank failure is direct consequence of Fed action to bankrupt financial institutions LOLit is similar to why they force everyone to get vaccinated LOL and some people got heart attack LoLthey would say it is for greater good LOl

I haven't seen many assets of that size really come "on-market" as in the NYC area, you're looking at a minimum price of $30mm+ for a building like that and most brokers with those kind of assignments only need to make 2-3 phone calls to institutional buyers in order to close a deal.

The presentation question can apply to all types of presentations: what would you include in a presentation to any potential partner, or a presentation you are creating to present to anyone or any institution from which you are attempting to gain financing for a rehab?

@Bud GaffneyThanks for the response Bud, we’re talking 200+ units, institutional size.

Lack of Landlord-friendly laws is another big reason I have tended to avoid looking in my state and most of the surrounding areas as well and states like Texas and Florida are ones that consistently come ups as being much more friendly to landlords, but I do worry about finding deals in certain parts of states like this with more institutional investors moving into the really rapidly developing areas.

This is because institutional lenders still see these rehab projects as low risk.