All Forum Posts by: Mike Grudzien

Watch out for hurricanes, floods and I'll throw in tornados, too. 

Well this chain is going to be interesting.  I'll be watching for the replies and consensus.

No. I'm tied up.  

But I was offering a suggestion: if you present a professional business case and show the forum that you know what you're doing, you'll get more bites.

Can you provide a little more "Business Case" numbers?  How much, secured by what, what timeline, etc.

What about doing private money, do the repairs and then DSCR to finish?

Do a 30 yr.  You can always pay more, but if you have negative cash flow, you can't pay less than the full mortgage payment.

I don't know about bears, but I was at a bar the other night and saw a couple of cougars...

Or call around to find experienced realtors that work with investors and continue networking....

No I don't.  But you might be able to use "Google" for searching in your local market.

A good deal with good numbers for all will always be a good deal.  BUT, per comments above, certain elements of the deal (condos in a hurricane zone), can change everything as lenders consider the "what ifs".  In times of expensive money, formally small concerns loom large.