The term sheet they offer is:-75% LTV -30 year fixed, rate at 6.88% with $689 to buy down- 1% of loan amount- Processing fee: $795-Attorney closing fee: $500-Title review fee: $500-appraisal fee: $660-$750 closing with LLCand other regular closing cost. 

Hi folks, I am still in the process of finding the "right" multifamily deal and although I am not quite there financially I am at best perhaps a few months away.

They only had 1 bad experience the first year, but learned better vetting processes and they can evict in less than 2 weeks in most cases.

I'm in the process of checking out a promising property for my first buy but have a question about using agents.

I have already checked with the city, and there isn't a process for checking the readings online or anything, so my only option would be to drop by the property and look at the meter myself.

I am currently in the process of getting a HELOC for 50% of the value which seems to be the max amount Texas laws allow for a single cash out loan (or so Ive been told!) 

Feel free to notify me if you have any more questions as I am undergoing your similar process. 

Try to find your niche early, although your investing habits will change and mature, defining your market early on will help you understand the processes in your market of choice.

How much money down are you paying on the property and if it's more than 20% can you share your thought process?  

I'd like to connect sometime, I'm in the process of closing my first rental property deal on Monday for a place in Dorchester.