These lenders originate their loans and hold them to maturity, like us, or they might sell them one at a time to an investor like you (?).

The entitlements would cost 50k to do. we'd make 2 million on the land if we do the deal. stick to the same market and same asset class. we do urban adjacent urban infill for midrise in hotels and extended stays and apartments in Columbus Ohio. what market are you in?

Don't let your loan box you in2.

I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.

The main problem is that most customers just look at the bottom line and mortgage loan officers know that. 

I'd forgotten about that type of loan. 

What loans are recommended?

I was thinking a bridge loan might be an option , and then refi it later and pay back the bridge loan,  but I'm waiting for lenders to reach back out and run some numbers.

One potential route is using a FHA 203k loan for the purchase and rehab if you're okay with living in one of the units for a period of time.

Since 75% of the proposed income more than offsets the PITI of the loan, it's a wash.