Folks say use a local lender.

The Role of Mortgage Brokers in Real Estate FinancingMortgage brokers act as intermediaries between you and lenders, streamlining the loan process while finding the best deals for your unique situation.

Because the property tax as a non-owner occupied property is about 3-4 times the amount of a owner occupied property.  

More ways for Real Estate Agents to benefit from AB 1033// New Listing Opportunities:More properties to list and sell as ADUs gain condo status Ability to represent both the primary home and ADU as separate sales Potential to attract buyers looking for affordable entry-level ownership // Investment Consultant Services:Helping clients understand how to legally separate and sell ADUs Advising property owners on maximizing value through ADU sales Connecting clients with lenders and legal experts for ADU transactions // Business Development:Becoming a preferred resource for ADU-to-condo conversions Leveraging AB 1033 knowledge to attract new clients and listings

With rates and lending terms constantly changing, I’d love to hear from those who have recently closed or explored a blanket loan.Which lenders are offering solid terms right now?

From what I've seen and read, most of the reason operators get in trouble is that there is some type of "event" that has occurred (usually their loan has matured or they've defaulted on their existing loan) and they need to refinance their loan and the lenders require a new appraisal to be done, which usually leads to a lower appraised value, and a lower loan amount, which "forces" the owner to pay down their debt.

Finding a good tenant in non-peak leasing season in Oklahoma is not for the faint of heart, especially depending on where the house is located.

Appreciation Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

It wasn’t until I ask the realtor to send me a copy of the funding letter did I find out it was a lender, Insula Capital.

Your Lender I can help you with #2 & My suggestion to find  #4 would be to go to the top of this page and click on FIND A LENDER.