I had a call with a loan officer yesterday and I am very intrigued, but haven't heard much in recent discussions for this product or found anything in the search bar for this bank. 

Martin They get a bank loan, but most do not start out in MF, they start out in residential.

The only way to pay down a loan, is to pay down a loan.

Loans at 4% Returns at 5% but hard to find that these days...dollar is surprisingly strong.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

Get a 0-5% down loan and do it again in TN.

I am sure the interest in that hard money isn't great.All DSCR loans I have seen require at least 12 months.

@Madison Sloan All depends on what you're willing to accept and if you can get approved for a loan now or not.

The caveat is that until the loan is paid back, you must put it in LT rental at capped rents.

If you have bank loan (not an agency loan) or no mortgage at all, an LLC is certainly an option.