I was invited to a zoom with this funding company called "Legacy Leavers", who has a 1st time investor program.

:)  congrats on the new digs.. for me where I am contemplating getting back into sales as my building career winds down. ( my capital partner program continues of course) But that is, like you and very efficient . 

Even as simple as assisting me get off the ground (Tobyhanna forms, Monroe forms, management team, cleaners, platforms to list and programs you may use).

Next time you buy a property all cash do not use DSCR use a True Portfolio program.

the cap rate for single family in san jose is maybe 1-2% ; DSCR is 0.25 ; but with very creative strategy we can make it into 0.8-1.1 but the key is using more tenants per unit, also home that has basement and ADU like me, the unit can be rented and while my dscr is above 1.0 but banks can't use it so we kinda stuck to leverage but this creativity of multiple tenants per single family.i am now trying 40 year IO program from one of the lenders such as yours to quality, also i will try no-ratio DSCR at some point.Seriously, by combining hefty cash position + flip program + rent out to multiple tenants ; and sell it few years later, this is the less riskiest project we can do as landlord/flipper.

Unless there is some government intervention on government backed mortgage programs I don't see rates going back to 4% range. 

In Colorado Springs, we have a program that allows my house hackers to buy a house for $1,000 and the rest is covered with a 0% loan.

The Short Term Shop has some coaching programs, I believe.

My last idea is that the local and state governments could implement programs as they do with Section 8 to incentivize homeowners with ADUs to offer affordable housing.

I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program.