@Ankit Rathore- if you plan to refinance in 1-2 yrs ...ask the seller to reduce their sales price ....take no or low credit and  use a  0 fee  or  0 fee/ 0 cost  pricing option for the loan ...you dont  want to wast  funds on buying a rate down and then payoff the loan within a yr

But any system more than, let's say, 15 yrs old, will not be that efficient and will bottom out at more like 80 d.

With that said, I saw one take almost 3 yrs from a well known builder.

I have 40 yrs experience in Investing. 

The existing loan I obtained 6 yrs ago was a DSCR loan with a one year ARM - no prepayment penalty, that is coming due in October.

Originally posted by @Curt Smith:I'm pulling low LTV (>70% LTV), owner >3 yrs <10 yrs, value in the starter home price range, from propstream.com and uploading and skip tracing in reireply.   

i currently own a duplex and have been land lording for 18 yrs. i have found a potential investment opportunity  30 miles away. it is located in a community slated for substantial growth over the next decade due to the current construction of new semiconductor manufacturing facilities. the property is a 24 unit apartment building. supposedly it historically maintains 95-100% occupancy and has a waiting list. my question is what documentation should i expect the lenders to want?  

First Republic - CAFremont Bank- up to 60% CAFrost Bank - TXFulton Bank, PA, NJGFA Federal Credit Union 10 yr draw, 10 yr repay, MA, NHGolden1 California HELOCGranite State CU, NH 90-100%Great Lakes Credit Union, Chicago area ILGTE Financial, Tampa, Sarasota area FL w 2 yrs tax history on propertyHanscom FCU, TXHarborOne, RI
HSBC 70%, for premier clients only.

I’m on the board of a small camp in Crofton, NE (near Yankton SD) (~120 beds, 80k budget) and we have had insurance policy adjustments in policy and costs for last 4-5 yrs.

jumping in this thread after 3 yrs.