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

Often, lenders will not act until the differential between current interest rates and the interest rate on the subject loan reaches a certain point.  

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

I invest in Boise, ID and do quite a few BRRRRs, LTRs and STRs- varying degrees of success depending on how much equity we can force and the type of back end financing we can find, but the tax benefits are great and it's a rapidly growing market and Idaho is probably the most landlord friendly state in the nation. 

If you are willing to live in urban areas you may want to talk to a local bank in your market and see if they have any incentives or grant loans for certain areas.  

I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.

If you have any loan questions feel free to reach out. 

@Michael Ewersi can only speak for what i've done as i suspect it varies by market. 

Refinanced August 2020 into a 15 year loan at 3.375%

Last property I bought had 8-9 offers.New York has a lot of downpayment assistance grants and loans.