Basically syndications, and a lot of other office and residential commercial is in real trouble over the next 1-2 years.

I don't have anymore Ca properties but the Santa Clara Farmer's office underwrites an apartment building in coastal wa.

Jay, I am still waiting for information from the loan officer.

I dont know how else to describe it so the best I can come up to get the point across is that LSU has a lot of built-in self-policing among investors, vendors, lenders, etc.  

My loan officer left a message the next day and said we could not use the HELOC for the whole down payment and that we needed to show we are using some of our savings - he said he would be in trouble with the underwriter.

I've scoured the internet for an answer as well as emailed my compliance officer but haven't gotten an answer. 

That part is normal for commercial mortgages; 5 year maturity is common, and 2019+5=2024 is why many are expecting offices to have a rough couple years.Net operating income (NOI) is net profit before the mortgage payment, and determines how big of a mortgage you can get. 

Since our credit sucked now we still had hope if we wanted or could afford to spend $400+ a month for 6 months on office supplies basically.

Contacted local DSCR loan officer and was told the best rates would be 7.325% with 30% down and that’s with two points.

Your loan officer has more information than anyone here and they should be earning that 2% and explaining the numbers to you.