You mention for commercial owner user....why not residential or commercial multi family? 

They were all single family residential loans as that is our primary business.

It will be extremely challenging to get a conventional/govt/portfolio loan for residential RE on your own without current income, and less than 25% down worsens this outlook.

Aloha Julian, Just to add onto what everyone has said, 1-4 unit deals (residential) are typically underwritten differently from 5+ unit deals (commercial). 1-4 units are easier to close and you get more money for them because of how DSCR is calculated:- Residential (1-4 units) DSCR = Gross Rents/Mortgage Payment- Commercial (5+ units) DSCR = Net Operating Income/Mortgage PaymentIt's important to note that in both cases above, there are exceptions.

I'm looking to connect with anyone who is doing or has done RCFE (Residential Care Facilities for the Elderly) or ARF (Adult Residential Care Facilities) in San Diego county. 

(B) An Owner may lease a Unit for residential purposes provided;(1) There is a written agreement;I am new to leasing out a unit in LA so I am confused about the following (all rentals would be more than 30 days):1.

Hi All,I have been purchasing residential real estate for a few years and want to go for bigger deals so am just starting to look at commercial real estate.

The property is located in a business district and does not have residential district restrictions, so I think STR is allowable to some extent.

I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.

DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.