If a (b), and you don’t have an SEC compliant relationship w/ any of the GPs, I wouldn’t go any further as they are putting the deal at risk of losing the Reg D exemption and jeopardizing the deal.

@Rylan Rock Thank you so much for the information!

And I can give you recommendations on some of the other RE meetups happening in Austin/Round Rock.

If you have a tenant that is causing problems, not paying rent, etc that isn't the property class that is the landlord selection skills in my opinoin.The thing about B and A properties and higher income economy shifts affect those classes way more and those people generally downsize in tougher economic times and/or are some of the hardest hit in layoffs and company downsizing.Lastly I have a tenant in a class C-D property that has been ideal no drama what so ever, no late payments (over 5 days that is and always calls if it going to be later than the 1st).

If that's in a high cost of living area, it's in the "high balance" band where interest rates are higher as well.I just threw a random scenario at an arbitrary lender.

There is never a dearth of class D rental properties, but there is always a shortage of good class B and C properties in every MSA.  

Hi @Miltiana Holdip.Here's a different perspective: Unless you already have a rock-solid plan for using this loan to make money, I don't see this as an "opportunity" at all.

@Judy Best I’ve done a few deals in Little Rock, born and raised as well, I’d love to talk to you more about how I could potentially bring some more value to your business.

If you are happy with the work he is doing and the initial prices he gave you don't rock the boat.

Replace the sheet rock its only 20 bux per board , how many can you really need ?