Do yo typically get a construction loan then need to refinance out ?

GinoHey Gino--follow-up question --just starting to look at multifamily ...are the problems I see referred to (pretty much everywhere) that the property valuations have fallen for multi or that a large number of loans are maturing? 

Being surrounded by like minded individuals, whom are at all levels of their RE journey, is amazing and you can learn so much from all of them.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

They don't even have to get pre approval for the loan.

I would not be adverse to low interest loans to help those that do not have insurance or are under insured.  

Down Payment Assistance: Proposed up to $25K in down-payment support for 1st-time homebuyers "This option exists as of today in many states under current DPA programs"You can actually right now get more than $25K under a DPA it depends on your loan amount and your State/County. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

If I Hypothicate and get a loan for $35k, I use the note as collateral and pay the loan like any other loan. 

Who is a hard money lender doing fix and rent and DSCR loans sub $100k? 

As a Banker my advice is to always have several conversations prior to and be very transparent with your Banker or Loan officer.You can use real estate to position yourself into a better or bigger home buts is like chess there are rules and you have to know in advance your next few moves.