Commonly, these proceeds are used for further real estate investment or costs related to the borrower’s real estate business and strictly can‘t be used for personal uses, such as paying off personal credit cards or any nonbusiness expense.DSCR loans are “primarily based on the property,” meaning that the lender evaluates and qualifies the deal mostly but not completely based on the property’s investment potential.

Remember alot of Americans have a large amount on credit cards and they have seen thier rates go from 8-12% to 12%-19%. 

They're about 1.80 a piece of mail, but they're handwritten and sent on greeting card style stationary. 

@James WiseI am going to borrow the money to pay my buyers agent from a crocodile lender, then ask the seller to sell it subject to and finance 100% the equity at 0% interest I will then take an advance on a credit card that is 0% and within 12 months I will be able to refinance everything when rates go back to 3%.

Yes, the PA's will be there handing out cards and trying to get your business as the fire is being put out. 

You should have reserve funds sitting in a savings account as well as credit lines and credit cards for backups.

Adding another 95% LTV on 7% is just not in your cards.

I also put all of the materials for the project on credit cards (don't recommend) so I was about $30,000 in credit card debt before I finished and paid off my debts.

They're targeting credit card companies, banks, hotels, airlines, utility providers, food delivery service, restaurants, auto dealers, event ticketing companies, and last but not least, property management companies.

If so, how do you secure the authorization on their card past 30 days?