It wouldn't hurt checking out a DSCR loan as these rates are beating conventional products in a lot of cases right now.

Their departments are segregated so the new ones don't learn anything from the successful ones, their teams tend to skew engineer heavy with little thought for user experience, and their products rarely integrate in a sensible way since they are so segregated. 

A study by Geraci LLP, analyzing data from 125 lending companies, shows that the private lending industry performed significantly better in the first four months of 2024 compared to the same period in 2023.When it comes to short-term loans—like fix-and-flip, construction, and bridge loans—there was a notable increase in production from 2023 to 2024.

Ultimately, raising money is about creating a product that your potential buyers want to buy.  

They will all have essentially the same product as you, BUT they will have purchased at a much lower price point. 

One of the main reasons I got into this industry is my passion for helping people and wanting to guide people into a good loan product for them based on their needs. 

You're welcome to claim other things fall under that umbrella, but then we're just arguing about terminology which is not productive. 

To the housing providers in Pomona ...how can we teach the Mayor & City Council of Pomona about the economics of and business fundamentals of providing our products to the market (housing)?

There's no cheaper product- don't let the rates throw you, you'll save thousands with a HELOC. 

But something just did not add up with those guys ( and they were AZ based and slick as all get out) But to easy to approve me just send 10k for due diligence. only somewhat related but BiggerPockets really needs to acknowledge a new category of lender that falls in the Non-QM space (any mortgage thats not qualifying under the Agency QM rules - including DSCR lenders but also many established non-bank lenders that focus on pretty standard mortgage products that are part of the established Secondary Market and Finance Infastructure).