you can offer any terms to the buyer such $15k down, and finance $385K, if you seller finance. 

I cannot see the Panhandle renting 12 months as projected in that short term shop projection.Thoughts? 

@Ben HofstraJob/population growth are key indicators for long term growth.

From what I was told by a Chase lender, most institutions use the same underwriters, who implement this 2 year requirement.I understand that private lending could be an option, however, I'm not sure who would lend to me with favorable terms based on my lack of real estate experience.

Especially if you don't refinance at maximum leverage and do 60-70%, it optimizes rate and terms, while still getting you the cash you need.I hope that helps, happy to assist where I can.

I also looked into longer term refi and rental but the closing costs are significant and we are too low on cash to do it.  

Unless I'm looking for a long term buy and hold the fix and flip market is getting squeezed out pretty bad in my market.

Hello,Trying to get a ballpark on what the current best terms and lenders are for 6 unit multi-family.Lowest origination fees, Lowest APR.Thanks

Hey guys What do you think in general for STR in both of this cities I came back from Miami and what ever going on there it’s crazy , I also like Austin area alot but I know more regulation for STR there , in general I think the rental market in Austin it’s not good Median rent is 2-3.3K and house pricing is 400-700K  so it doesn’t worth for long term investment and cashflow , maybe only for appreciation.

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