When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer.

Please, no solicitations.Use the renovation/acquisition loan products that require 10% down on the purchase and you should be able to get a few going at a time.

I've had lenders offer products I didn't know were out there for buying certain types of properties as well.

While it's user-friendly and fine for selling physical products, its scalability for managing multiple rental properties is limited compared to WordPress.

I'm hopeful we can find more productive ways with less red tape in the future outside of LIHTC leveraging technology since standard construction really could use an overhaul.  

We have a commercial 30Y fixed DSCR product that may work for you.

All our product hits the 1% rule and our investors love the cashflow.  

You are likely overpaying by $5,000.Broker fee of $3,000 and Processing Fees of $2,000 seem out of place...but then again, i never used a broker to get a loan so I am not sure about that.If the broker was able to get you an interest rate or loan product that you wouldn't be able to find on the open market...its high, but likely fair.if you are getting a loan product that you could have gotten by going to a normal bank...seems high and unnecessary. 

Have you ever read Amazon.com reviews and wondered how anyone ever decides which product to buy?

It’s important to note that not all bank institutions offer this product.