Registration fees $800+ SOI $50 fees California and legal stuff-keeping it simple-easier to refinance a SFR if decide to just BRR and cash out refi in my personal name versus trying to get loan in LLC name. 

Commercial Loan How did you add value to the deal?

Hey Patrick, This would be a DSCR loan.

Louis for the hard money loan.

Personally, I'd cash-out refinance into a 30 or 15 year loan.

I locked a DSCR loan yesterday at 6.385%, 75% LTV.  

House hacking a 2-4 unit property with FHA (3.5% down) or Conventional (5% down) can be a smart way to start, while DSCR loans or partnerships can help if you need alternative financing.

DSCR loans are not that low and regular hard money loans will be in the double digits.

Focus on understanding the rental market, conducting thorough property inspections, and leveraging owner-occupied financing options like FHA loans.

Look up the loan officer and not the company (do they have any online reviews or social media presence; if possible look up their production numbers to see if they are any good)4.