Boots on the ground is hyperlocal, and what you're looking for is essentially cheap labor that can open a door when you need it.

Most lenders I work with go off of the Pro Forma income expense on calculating DSCR.The terms can be all over the place. 

A client can close on a new property with us in less than 45 days so no long closing or pre construction risk anymore with our program.

Hey Stefano Vrolijk,Speak with a local mortgage broker and get pre-approved for a loan. 

I assume you currently have a residential mortgage that does not have a pre-payment penalty.

It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

It requires a solid FICO, that you get pre-approved with all current financials held in file beforehand, with the complete contract package submitted upon execution which starts the clock; insurance must be arranged within three days for lender underwriting. 

I had one short term rental that was granted a permit earlier this year and I have been operating it for months now as an STR.

As with every loan process, there are terms and steps the foreigner needs to follow, such as the loan application, which includes pre-qualification and property evaluation.

In the program, it appears that you offer a Pre-Loan Application-- perhaps this is how the program is legal?