The main factor is there is competition perhaps. 

Also interested to see how you word your pet addendum, mainly regarding the pet fee to remain till the end of the lease term as what you mentioned about pet damage makes sense.

Greetings from Maine!!

My main questions, if I'm understanding BRRRR correctly, are; how common is it for lenders to offer a commercial 30 year note with low deed seasoning (if any) at 75%/LTV; and where is good place to look for them?

We have some notes that go re-performing & those we re-sell but they are very few and it's not our main focus for an exit strategy.

Right now my main goal is to acquire a property to be a rehab rental with in the first half of 2022( On Market Or Off Market).

Our property is rural in Sonoma County with a 2 bed / 2 ba main house and an in-law unit.

My main takeaway, treat RE sales like a business, not a job.

Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

My goal is to rezone (agricultural with residential use to residential) and subdivide the land as it is on a busy/main street with major residential single family and multi family developments around it.