If this home is in an area that is stuck in 1974 and is what tenants seek out then no, I would not be the one to drag them into 2021. 

Management fees should depend on the property type.Class A is easier to manage, so gets the best rateClass B is a bit harder to mange, so gets slightly higher rateClass C can be a pain to mange, so gets higher rateClass D usually requires the attention of a DIY landlord to succeed.

It is for a residential loan that im seeking, now when it comes to if they are going to service the loan or sell it, what would either option mean for me?

Data that reflects real estate opportunities is nothing more than the measurement of the common and uncommon activity of people seeking to meet one of their core needs, shelter and housing.Recently I sat down and had a conversation with him about where the REI marketing is going and I thought I would share my biggest takeaways with you guys.Fact vs.

I would seek out quotes from the "private Market" policies (not from FEMA's National Flood Insurance program). 

I would always encourage everyone to get prequalified first to know what terms they face at the end of their BRRRR but since you have executed on this property with a partner I would highly recommend seeking a portfolio/commercial style loan for this one.  30 year fixed rate should be your target and usually between 70%-75% LTV is the norm.  

Now this may seem common sense but I assure it is a common ailment of mass delusion as many are seeking the price of the negative load with all the attributes of the positive load, or what we call fantasy land. 

Theyre a royal pain.

Hey guys.  Cutting straight to it. Where is a good place to look to find  20k in funding for that won't be in 1st position.  The senior debt will be n first.  But I can't find anyone who will lend in second.  6 house...

We'll see.I and my team have been through the process several times, so I'm aware of how painful it could be.