that took about 3 years to go through .. and that was just a fraction of what we are talking about and was not a once in a 50 year event like this it was basically annually..

I'm a Fractional CFO for real estate developers across the country and I ran the numbers on this deal and I estimate that if you look to a bank for a DSCR loan, you'll need to put 50% down.

Note that this is a fraction of the reviews that we have received. 

There is only a small fraction of transactions in the US go sub 2 Just like those that teach wholesaling there is only so much beat up houses to go around..

talking to the Bank its going to be far and few between that the mortgages these folks are taking sub to is still owned or controlled by the "Bank" the loans were sold within months of origination and maybe MERS has it ( sliced and diced) and for sure your dealing with a servicer.. who is not going to negotiate one bit.. now if you happen to have a sub to with a portfolio lender and you can actually talk to someone who is a decision maker thats different but I submit those loans will be a small fraction of the deals being done.

we moved a small fraction of our investment company’s cash to bitcoin and we also are building a bitcoin mining rig.

Like others have posted, you sound like an IDEAL borrower, including with your local banks...just as long as you (or your Fractional CFO) are talking to the "right" banks that understand investment properties.

New construction is a fraction of what it was pre-covid even. 

You can't fractionalize the property, you have to condoize it.

Banks like to match short term assets with short term liabilities, and vice versa.I don't believe that DSCR loans are "expensive", but they do require a more thorough underwriting and higher amount of financial documentation other private and hard money loans.It generally helps to have a Fractional CFO or Loan Consultant (not a broker) that will work on your behalf to negotiate better DSCR terms and rates.