But we had four kids, a hubby who was a car guy and needed a shop or big garages, and a limited income.

NonQM "shops" offer a variety of loan types, DSCR being one but they are the lower rates and fees.

As a mortgage broker, I shop my clients' loan to get them the best possible loan and the least fees while helping them to reach their investment goals.

If you anticipate selling the property soon, it’s worth negotiating or shopping around for a lender with flexibility in prepayment penalties.Feel free to reach out if you'd like to explore tailored DSCR options that suit your goals.

Many mortgage shops do NOT allow their loan officers to also be RE agents on the same transaction to much of a conflict of interest. 

And I was just like todays bigger shops I had multiple LOC in the millions that we used to lend to others..

As @Don Konipol pointed out, leverage increases risk, it doesn’t reduce it, so once again, Tardus has no fiduciary responsibility and if one of the investments they “suggest” blows up, it is the individual left holding the bag, so to speak.I am not a finance guru and while I cannot articulate as eloquently what Don was saying, I do understand it…primarily from real life experience. 

As always, shop around and compare terms to ensure you’re getting the best deal.

There’s definitely a strategy to applying for business credit to avoid alerting other lenders that you’re shopping for credit.

Raise rents, reduce expenses (shop insurance, appeal taxes, refinance, etc). 3.