So I am military, originally out of CA so it's my "home state"/residency but very easy for me to change as I am stationed out of CA and have been for a long time.I own several properties in CA and one in WA.

Starting a hard money lending company makes sense to me since I have hundreds of contacts in this business that I've built relationships for years, as well as it aligns with my origination background. 

Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.  

Hi @Sumit B.To start off, Cape Coral does have a 7 day rental minimum, however, this is an ordinance that pre-dates the STR industry and was originally targeting transient housing. 

Most brokers set their own origination costs.

Compare origination fee and rate mostly.  

To answer your original question - I include the video on VRBO (there is a place to put the link there) and I also have a YouTube channel for my videos.  

Before reading this, I would have guessed the answers you got, more or less, I'm glad I was mostly correct.I wanted to reinforce a point, that I think was the reason for your original post.

Originally posted by @Corey Slaughter:@Steve Sellers Thanks for the information!

They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.