Hi all,I under contracted one 6 units multifamily in Bay Area and doing commercial loan with Chase. 

We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc. 

Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

HUD.GOV is originating source for FHA loan info.

As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.

The lender is pushing you to do this to get an FHA loan.

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

This money gets added onto the back of the loan kind of like a VA funding fee does. 

Been looking at hard money loans, and also looking at doing a 401K loan from my w-2 job. 

I would like to go to a more simple software like Rentastic, but here are my concerns.- Loss of historical data (for both IRS audits and for personal portfolio tracking.)- Unfamiliarity of software with my Bookkeeping and Accounting team.