Deal Inputs - Purchase Price: $850,000 - Assignment Fee (on top): $25,000 - NOI (Current): $62,100 - NOI (Stabilized): $79,200 - Senior Loan: $595,000 @ 7.5%, 30yr amort (no balloon) - Seller Carry: $255,000 @ 2.0%, 30yr amort (no balloon) Expected Outputs inside your calc - Global Debt Service ≈ $61,236/yr - DSCR (Stabilized): 1.29 ✅ - Monthly Cash Flow: $1,497 ✅ - Global LTV = 100% (no cash down)

Is there any resource that shows lenders for residential and commercial lenders you work with on these deals. I've only been able to find 2 for second position liens allowed in commercial. My main DSCR lender was very specific about not allowing either a land trust or second lien, so I'm looking for more. So far I'm aware of Levine, but looking for a running list.

When discussing with the sellers the recourse steps to reclaim ownership, would they have to wait the state statutes foreclosure period or is this something you have to clarify in the agreement, like 1-9 payments, etc. Typically you’d have 1-4 month period Notice of default then 2-3 month notice of trustee sale, then 21 days to auction. I saw mention of this but then I wondered … how many would trip an action.