Ask your lender if they have a "free Refinance" program too after you add the value to the property.

This guest just wants a free stay.

The issue that you have, is that your guests experience will depent greatly based on the demographic that the motel building brings.I would pass and try to get a small multi-family building or see if you can buy the whole motel(to have more control).

If the properties you're buying are going to be investment properties, DSCR loans can be a good option if you don't or can't do an income based loan. 

This is based on a few dozen private lender programs that I utilize for my clients.o Rate buydown ratio: Current norm is a 4:1 ratio, or 1% fee for 0.25% off of rate.

Q3: I'd be happy to do a CMA and underwriting for free if you'd like to DM me the address so I can give you a more precise opinion.

However, based on the suggested  10-40% tax savings it could be a no-brainer.

And then, , with the trend back towards insourcing, meaning manufacture of goods in the United States based on what happened with the supply chain and China, , investing in areas along major interstates is probably a good idea to the transportation and logistics is going to be very, , very strong there.

While the process may seem transactional, it's important to note that lenders are motivated to close loans efficiently, as they are compensated based on successful outcomes.To gain insights into lenders' performance, consider checking reviews or seeking recommendations from credible sources like the BiggerPockets preferred lender page.Accountability in lending is indeed a two-way street.

I have a great base of knowledge, I have a real estate license in Idaho and an Insurance license in Utah.