Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?

I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require  PMI which is an additional expense, and you also need  bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.

We are not likely to see rates that low again in our lifetime.

My firm has several lenders who can seamlessly close in 15 days on 'traditional' mortgages at/below market rates and we've been doing so for a couple of years now. 

But, there is no coaching or mentorship fee, simply analyzing every property simultaneously and ranking by cap rate. 

I understand they have a little bit higher interest rate, but what are the risks of DSCR loans?

Daniel,Memphis is a great market for investors and we have continually seen growth in both rental rates and property values. 

It's no different than their 2-year, low interest rate teaser houses.

Potentially lower down needed of 15% with better rate and 6% cap in IPC’s

2. don't use an appreciation rate.