Myself I do about 100 deals a year for folks I have met every one of my borrowers personally save maybe 3 .

I have almost 100k saved and am more than willing to spend whatever I need to. 

The thing is he wants to sell it directly to me (FSBO) without the use of an agent to save on commissions.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

My wife of 20 yrs is currently pregnant with our first child and I want to get us out of debt and build our savings.

To maximize the living space, we worked closely with the city to create egress window codes, allowing us to add an additional bedroom, a beautifully finished bathroom, and a family room in the basement.

We started seeing savings immediately after the installation.  

The only thing that saved us is that we bought them cheap but our exit price was not nearly in line with what we thought we would get.

I'm collecting more evidence from this lender and already connecting even more incriminating evidence and adding on more charges to these guys.If you or someone you know has EVER worked with any of these names, please reach out to me incase what you have might seriously help out my case and save other lenders, other attorneys, other regular people etc from being screwed. 

So when that TARP 2.0 comes, it will be directed to the big banking entity/ J.P. to "save the commercial financing world", to "create liquidity" which is a giant smoke and mirror trick because that TARP 2.0 is just added profits, the asset's are coming back liquid already, it's the LP's and regional bank and the regional bank investors who get burned, bad.