Unless you have a cookie cutter deal, high downpayment with killer credit and a nice 1.25 DSCR, you will likely be in the high 6s at par

BUT even if the tenants are working in oil and gas the big thing to take home is that OKC is mostly based in servicing the machines, companies, and rigs.. we service the mechanism that pumps the oil and gas.

There are hundreds of hard money lenders out there, ultimately I'd work with someone who has time to focus on ensuring you get a tailored mortgage instead of a cookie cutter solution.

There are many things that were rigged up to get the owner by but not a long term fix, if it's 100+ years old you can imagine how many DIY/patch jobs have been done. 

Just make sure they’re familiar with investment properties and not just cookie-cutter appraisals.As for replacing everything, it can definitely justify a higher value, but it still comes down to comps.

I never did business with Conventus, but sounds like the deal is no way was cookie cutter? 

I would probably focus more on building those relationships in whatever market you pick unless you can find a more cookie cutter market, but I doubt any of those markets will be like that.

I saw an opportunity to elevate the student housing experience in a market saturated with cookie-cutter developments.

This home, located in a highly desirable, cookie-cutter neighborhood, required only light rehab — making it a perfect opportunity for our network of trusted buyers.Understanding the homeowner's situation, our team went the extra mile by personally helping him pack and relocate to his next home, ensuring a smooth and stress-free transition.

This home, located in a highly desirable, cookie-cutter neighborhood, required only light rehab — making it a perfect opportunity for our network of trusted buyers.Understanding the homeowner's situation, our team went the extra mile by personally helping him pack and relocate to his next home, ensuring a smooth and stress-free transition.