And a lot of times brokers tell you they're confident in a specific lender or loan, and then everyone's time gets wasted when it falls apart.Second, I wish there was like…a very clear set of documents that every lender wanted/needed, so if you wanted to take your deal to five or six lenders you could just put together a single package.

Not all debt is bad — sometimes short-term loans help reposition a property for stronger cash flow.Examples include:• Using bridge loans to renovate before refinancing• Stabilizing rents before transitioning to long-term loans• Leveraging interest-only periodsHow have you used short-term financing to strengthen long-term ROI?

Seeing more landlords refinance to adjust monthly cash flow or restructure older loans.Some are pulling out capital for repairs, expansions, or new acquisitions.If you’ve done a recent refinance on your rentals, did it improve operations for you?

What other improvements would you recommend to get above average rent?

Unless you’re your strategy is using the BRRRR system, DSCR loans don’t make unless you are maxed on residential loans. 

However, this also means that your loan amortization is pretty healthy right now as well. 

@Erik Breunig  What was problematic with the loan terms?

4 unit off market property We found the property and no realtor was involved Purchase price $450,00020% down( 90,000) We are going through a broker Our loan product is a DSCR loan 30year fixed with a 5 year pre pay penalty.

That’s what keeps your depreciation schedule clean and lets you break out improvements vs. repairs later.2.

I am buying my first property this upcoming Monday.I have a student loan balance from dental school above 400k with an interest rate of 5.875%.