Multi SFH package

[Matt Gravil]

Im looking at SFH package. 25 properties, roughly 1.5 million most are 2/1 and 3/1 a few 4/1 and 3/2. Some are 1yr leased, month to month and most have a LTO in place. Everyone is telling me that the majority of the time they dont take the LTO to term. My concern is all the LTO where in place before 2020. So there payments are $200 - $400 dollars under market. Why wouldn't they take it to term. How do you analyze a package like this. Secondly how does a bank look at it? 25 inspection, 25 closing, 1 loan. Does the 20% down apply to a deal like this? What is the current interest rate on a private money loan approximately $300K

thanks