Although in fairness they offered to give us the tenants details so we could try to collect it on our own!

When it comes to structuring a deal, most developers focus on the capital gap — but lenders focus on readiness.Over the last few years, I’ve noticed that deals move faster (and get better terms) when the borrower has a clean due diligence stack ready before approaching mezzanine or bridge lenders.Here’s a quick checklist we use internally before structuring mezzanine capital between $1M–$100M+ :✅ Updated project financials✅ Detailed pro forma with realistic DSCR assumptions✅ Rent roll or trailing 12-month P&L✅ Capital stack breakdown showing senior + subordinate layers✅ Clear exit or refinance planHaving these ready builds lender confidence and speeds up funding timelines.💡 Curious — for those of you who’ve raised mezzanine or bridge capital recently:What’s one document or metric lenders focused on the most during your due diligence?

A few steps that have worked for me:Schedule simultaneous treatments in all units and common areas to break the life cycle.Have the pest control company do follow-up visits every 2–3 weeks until activity is fully gone.Send clear written communication to all tenants with prep instructions (clearing counters, sealing food, reducing clutter).Add regular preventive service to your operating budget; quarterly or bi-monthly visits can save a lot of stress.If you consistently see cooperation issues, you can document them and handle them as a lease compliance matter at renewal.

My name is Tes and I'm looking for some advice or guidance on how to properly structure a gift of equity for two homes I'm purchasing directly from my parents.Here are a few details:- There are two properties -- one in Raleigh, NC and the other in Jacksonville, NC.- Both homes are currently owned by my parents and I'll be purchasing directly from them.- These will be investment properties, not primary residences, as I currently live in San Francisco, CA.- I've already started the pre-approval process with a credit union based in North Carolina, but I'd love some help understanding how to structure the gift of equity correctly for investment properties, what documentation may be required, and if there are any specific limitations or tax implications I should consider.- My goal is to close on both homes by the end of the year or early next year.If anyone has experience with gift of equity transactions for invest properties -- especially in North Carolina or involving out-of-state buyers -- or can recommend a loan officer, lender, or real estate attorney familiar with this setup, I'd really appreciate your insight.Thanks in advance!

really hard to know unless you provide additional details.

I’m reviewing an infill lot in Spartanburg SC — around 7,350 sq ft with utilities at the street — and I’m trying to refine my analysis process on new-build lots.Nearby new homes are selling around $260k–$265k.I posted the full details in a Classifieds listing, but I’d love general feedback from anyone who’s evaluated similar lots.Thanks!

Details are:  5.95% fixed for 5 years, 20 year amortization, 1/2 point loan fee, up to 80% LTV and the DSCR for the property (stand-alone) cash flow is 1.30x so this works great for seasoned portfolios with loans coming due that will reset higher in 2026!

Utilities are at the street and lot size is around 7,350 sq ft.For those who build or flip new construction in this kind of pocket, how are you currently underwriting:• Entry lot pricing• Build cost estimates• Resale expectations• Timeline riskI posted the full details in Classifieds per BP rules, but I’m mainly looking for feedback on how builders in the Upstate are approaching infill right now.Thanks in advance.

Hey BP,I’m reviewing an infill lot in the Spartanburg SC area and wanted some local insight from builders or investors active in the Upstate.Basic details:• Sierra Rd area• ~7,350 sq ft• Public water/sewer at street• No HOA• Several new builds nearby in the $260k–$265k range• Needs clearing/gradingI posted the full breakdown in a Classifieds listing per BP rules, but I’d love to hear from anyone familiar with recent new-build activity in this pocket or who has experience building in this part of Spartanburg.Thanks for any feedback.

Standard can go (2) ways ELA Express Loan Approval less than 12 days to close or going FHA, VA or Conventional with Rush appraisal and still under 18 days.Biggest part is making sure the deal/loan is discussed in detail with banker, Processor, Realtor, Title company and appraiser cannot drag feet unless you use an AVM.