All Forum Posts by: James Stout

Thanks for laying that out — it makes a lot of sense when you break it down by fees and effort. I can see how a $30K loan still requires the same underwriting, docs, and servicing as a $100K+ loan, but the points don’t cover the lender’s time or business overhead.

Sounds like the only way smaller balance loans make sense is either:

• A niche lender who already specializes in them, or

• Structuring the deal so there’s a flat minimum fee, not just points.

Appreciate the insight — that helps me understand why most private lenders pass on these.

Solid track record, Steve. I’ve seen bigger check writers usually come from steady credibility over time — LinkedIn, local business networks, that kind of thing. Your volume speaks for itself

Most DSCR products do have step-down prepayment penalties. 5-4-3-2-1 is about as common as it gets. Paying up for a 3-2-1 makes sense if you think you'll exit in under 5 years, otherwise you'll usually eat the penalty. No-prepay DSCR loans are pretty rare.

Impressive work. The challenge with rural scattered sites is exactly what you said — local banks hit their cap quick, and big banks don’t step in. Private debt or family offices that like cash-flowing multifamily are usually the next step. Keeping leverage under 70% makes you attractive

Investment Info:

Single-family residence buy & hold investment in Springfield.

Purchase price: $500,000
Cash invested: $500,000

I bought a brand new 4 bedroom in North West Las Vegas, Nevada. Rented it out, will hold it for 20 years.

What made you interested in investing in this type of deal?

Vegas is a boom town.

How did you find this deal and how did you negotiate it?

Drove around the area. Brand new, not much negotiation.

How did you finance this deal?

None.

How did you add value to the deal?

Landscaping, interior furnishings.

What was the outcome?

Good.