Granted, there are some extenuating circumstances to consider: - Hyper well qualified borrower- Very good mortgage 'paper' (loan amount, credit, collateral) - Prime RE Asset (luxury coastal home on strong terms) - Large loan (lender asset) at what is likely a higher rate than will be in the near future Looser Lending CriteriaLet's be honest, there is a real estate developer at the economic helm and if you have read Mr.

I do feel confident in the value he has delivered to-date and have line of sight on it creating monetary value.

If I were you, and it is furnished to the nines, as you say - I would think offering the furnishing with the sale make the most sense.

Quote from @Craig Jones: Just want to point out that timing has a quantifiable monetary value.

This deal shows how the right rehab plan, strong execution, and full funding support can turn a dated home into a profitable success.What made you interested in investing in this type of deal?

This deal proves how the right upgrades and strong execution can produce exceptional returns in competitive markets.What made you interested in investing in this type of deal?

Quote from @Drago Stanimirovic: Some lenders stick to 1.20+ DSCR, but others allow lower with strong compensating factors.

Quote from @Austin Plough: Location: Glenwood Springs, CONotable employers in the area include Valley View Hospital, Colorado Mountain College, and Aspen Ski Co.Glenwood Springs is a sneaky-strong MTR market!

Strong rent demand, reasonable prices, and solid long-term fundamentals.Each one has its own flavor, but those are the markets I see investors come back to again and again.

Riverwest is a strong rental neighborhood, and your numbers line up well.At $210K purchase (plus the $6,500 credit) with an ARV of $255K, you’re walking in with equity.