I'll pass.Very rookie question for you, @Patrick Roberts and everyone else here: I thought that post-Dodd-Frank, the barrier for mortgage lender accreditation/licensing was essentially raised to a point that HML’s and private lenders were effectively iced out of securing loans with a mortgage or DOT.

Hello BP Community,My name is Patrick Belanger, and my wife and I (both engineers turned entrepreneurs) havebeen investing in Edmonton and the surrounding communities since 2013, buildinga 32 unit local portfolio of single family homes, duplexes, garage suites, andsmall new-build multifamily (6 and 8 unit properties).

@patrick @Patrick Roberts “It's rare to a get a nonrecourse DSCR mortgage without approx 50% down”That’s been my experience.  

Hey Patrick!

Quote from @John Patrick Lasher: I am in the process of purchasing 3 properties all right next two each other. 1 multifamily and 2 commercial office space of which we plan on using a significant portion of for our medical practice.

@Patrick Culleton Hey Patrick, thanks for the response.

Patrick 

Patrick Morrissey is local to my market.

Patrick C.

You are correct, you are not the first to have this issue, but typically it is more of an issue of LO's not understanding how  it should be looked at. they just do not deal with investors often.I would also echo Patrick above, moving your current loans into a DSCR loan would not change anything for your issue so please do not spend money doing that.