I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

My mother-in-law is saying that my wife needs to sign off on the loan.

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

Quote from @Sri Reddy: We are a team who are venturing in to constructing a multifamily unit from groundup.We don't have any prior experience in construction and are looking for financing loan options.

has anyone had positive/negative results in dealing with a company called 212 Loans?

Most attention has been directed towards buyers and buyer agency in response to the agreed upon settlement which introduces the possibility of fee shifting depending on whether a cooperating fee is offered.

@Kayla Elliott  Hi Kayla - this was a commercial mortgage loan with a local bank, that held it "in house" after it was issued. 

The lenders that offer the 203k renovation loan are telling me that DPA cannot be used with it and this is in Ohio.