I am currently looking for a small local bank or credit union that issues lines of credit collateralized with investment property.

But since you asked I have hired multiple skilled trades and as a union worker I work hand in hand with them everyday of my life.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Zandi said the added cost would be even greater for Americans with lower incomes or credit scores."

Count on the rate to be at least 1% higher than where you'd be for a primary residence, and to maybe even cost a little in points depending on the program, your credit scores, etc.Happy to help you think on this more if you want to setup a call.

I am assuming I should only apply for one loan approval since pulling my credit score/history will lower my credit number. 

Great credit scores and plenty of income from my W-2 source. 

As long as you have a credit score of at least 620, an HML/PML should be a good option for you.

I also have a credit score of 756.

It’s worth exploring credit unions or lenders specializing in non-W-2 borrowers.