I haven't explored the market yet for that product.  

Hey @Anna Stohlmann - congrats, you've hit that point in your REI journey where traditional mortgage products will not work (unless you bring a ton of cash to the table to reduce LTV). 

You purchased it with a HML, and are now rate/term refinancing the $1.5m (75% of $2m) hard money loan for better terms b/c you show six months of stabilized rent, the T-12 and rent roll with the monthly breakdown shows a clear trend towards where we are at now.Your hard money loan matures at the 2-year mark, but you weren't silly enough to call me at the 1 year and 11 month mark, so my partner lenders that have great terms, but move slower, are on the table.

A lot of old product tho so buyer beware.

However, the mortgage is not a commercial product and thus requires our personal names be on the title of the acquisition property. 

IF you think Carlisle will back their product and the job, then yes stick to a company that is on that list. 

We say we'll go 85% on that product, but honestly, it's hard to find a property that is that heavily leveraged where the rent equals or exceeds the mortgage principal, interest, taxes, insurance and HOA fees.

Hey Saed,Given your current situation, even though your W2 job isn’t related to your degree, the key factor for FHA qualification is income stability.

It's been 5 years since I used a Yardi product so not sure if they updated that.Not sure if you meant Yardi Breeze, I never even played with it. 

As far as tapping into the equity without doing a refinance, we offer some great HELOC products which are especially good for funding short term deals like ground up constructions or fix and flips.