For us the biggest challenge has been the pricing of product.

As far as a reasonable fee, I'd say it has to do with the value brought, and product level produced.

@Alex SinunuNot a DSCR product. 

Yes, there are other asset-based loan products besides DSCR.

There are lenders who will let you pull out 75%-80% or so, possibly based on rents vs your own income if you don’t qualify that way, but their rates and fees will typically be higher than conventional loan products, and you may need rental history to go that route.

You simply will not find that product. 

What kind of loan product should I go for?

**Local Credit Unions & Regional Banks**: Many local financial institutions in South Carolina offer investor-friendly loan products and might be more flexible with terms for a cash-out refi.

I was looking at a 5% down payment product that my lender last year said I could do.

To answer part one of your scenario, it depends on what type of loan product you have on the investment property that you purchased.