What kind of safety policies do you have in place?

Fire and safety risk is higher than in an owner-occupied home.Insurance angle.Some insurers give discounts for monitored alarm systems.

When I bought my laundromat, safety was the first operational problem I had to solve—not revenue or machines.The store sits in a busy Food4Less shopping center, which means constant traffic.

We're seeing this happen more often as more people are becoming "Private Lenders". I own a mortgage company that, among other things, lends to investors. For the deals below $75K, we tend to refer them out to smaller ...

I have a 7 year ARM at like 8.8% interest rate. 

Being offered a 5/5 ARM with starting rate of 5.875%.

They will also use the original appraisal to determine DSCR, if the units aren't rented yet.Once you move to long term financing, they offer 30 yr amortization (this is critical for my rental strategy) with 5/1 ARM, 10/1 ARM or 30 yr fixed rate options (6-8% rates)TLDR; As a new investor/entrepreneur, the process was as easy as I have seen with any other lending institution.

Gun safety courses are cheap enogh.

Lender safety (DSCR first)If DSCR can’t stay ≥1.30 using conservative vacancy + real CapEx + turnover, I treat the deal as already broken — regardless of what the cash flow “looks like.”2.

Option B – What I’m considering10% down (~$20k), Conventional 5/1 ARM (no prepayment penalty).