I’ve been digging into it lately as my Real Estate Team I am partnered with has multiple multifamily projects for MLI Select — the ability to access higher LTV ratios (up to 95%), amortizations up to 50 years, and better debt coverage flexibility sounds like a serious game-changer for investors focused on affordability, energy efficiency, or accessibility.Curious to hear —Have you or your clients gone through the MLI Select process?

My understanding is that an umbrella insurance is an appropriate alternative as long as my portfolio of properties remains modest (this article and the example of the warehouse was insightful) Thanks in advance for any insights that you can share, and have a great weekend, Romain

.: Did you know that if you buy a $400,000 property . . .In a typically bank financing scenario you put down 20% or $80,000 and finance $320,000 for 30 years the Principal and Interest at 7% is $2,129 and over 30 years you pay $766,428 (the bank loves you)BUTif you take over a loan using a Wrap (Wrap To, it takes about $15,000 in costs) and take over the existing mortgage at 2.5% that was taken out 2 years ago your payment Principal and Interest is $1,264 ($865 a month less) and over the remaining 28 years pay $447,894 (you get to keep the difference)That's a savings of $318,534 Three times a Year!

It gives you more flexibility, spreads your risk, and can create multiple income streams right out of the gate.

-side logistics (LLC setup, financing coordination, and communication) while my partner brings construction and renovation expertise.Learning partnership: our goal is to shadow the process from start to finish — acquisition, rehab, and resale — to build long-term operational experience before scaling independently.We’re flexible on structure and returns early on, since our main priority is to build relationships with the right partners and execute clean, profitable projects.Would love to hear how you’ve typically structured partnerships like this in the past.

If funding cap-ex, focus on upgrades that quickly raise rent or cut costs, and compare a HELOC’s flexibility to a full refi.

Red flags / hidden costs:Utility splits — adding extra meters or lines can get pricey fast.Permitting delays.Insurance (Puerto Rico’s rates for multi-unit + STR properties can be eye-watering).Contractor reliability — vet hard; island logistics can stretch projects.Bottom line: this deal has legit upside and flexibility, but treat it like a marathon, not a sprint.

The opportunity for value add remains limited in Huntsville due to prices. 

The rate is important, but I think going with a low point/no point option works in your favor with a shorter, flexible prepay than a hard penalty with higher points. 

A local bank or credit union familiar with the area may be more flexible, especially if you show the post-renovation value and a solid scope of work.