Closed and am all good, used the new 5% multifamily product that came out last November 

Would be really grateful for guidance and thoughts on how to be productive between picking up and depositing rents.

I would also plan on a maximum of 75% loan to value with either of these products, so if you get your $325,000 appraisal, plan on a $243,750 cash out. 

It's only natural to pass these costs on to the consumer, it's the same thing with almost every other product you buy.

@Kyle MasonTo increase your loan amount, consider strategies like increasing rental income, co-signing with a co-signer, using portfolio loans, negotiating seller financing, down payment assistance programs, paying down debt, and considering alternative loan products like DSCR loans, non-QM loans, and bridge loans.

From their point of view, you are ruining someone's vacation, and can't be trusted to supply a good product (your property). 

Most attorneys will guide you away from them, but there are a few more sophisticated investing attorneys that understand the process.

If anyone has any recommendations for me on what products I should look at and where I should buy for bulk prices let me know. 

What are you hoping to accomplish with either product?

Depending on the lender and the product if it is non-comforming you may not need to wait that time and you may not receive a LE or CD, but still most lenders will have it as a standard practice to be safe.