We are seeking an asset backed line of credit. 75% LTV is industry standard.

MIE Solutions, a company that makes software for the manufacturing industry, ranked Austin 10th in its analysis of 50 cities based on the cost of electricity, cost of manufacturing space, hourly wages and tax rates.Texas was well represented among the top cities in the ranking, taking four of the top 10 spots.

Either way, it helps to gauge how competitive the market is.

Understanding local market dynamics can give you a competitive edge when identifying potential properties to flip.

– Competition on the good stuff?

Hi Adam, we have access to a few landlord programs that are very competitive with rates and coverages.

It's designed for professionals in the commercial real estate industry who are looking to network, share knowledge, and stay updated on the latest trends and developments in the Houston market.

Having your lender ready to go lets you move fast and write stronger offers, which matters a lot in competitive markets.

Could you house hack something local that caters well to your industry and rent rooms to your colleagues? 

To me, they allow an investor to more closely match the terms one might receive for a single family mortgage (30 years, decently competitive rate etc) with maybe a compromise on payoff / prepayment penalties.To me, the most important thing for a LL using a DSCR loan is to be CERTAIN your internal underwriting is solid.