Give me a shout if you'd like a rate quote for your DSCR loan.

Quote from @Jay Hinrichs:Jay, it does look like one of the strategies of this 711Rescue is to restructure the loan for their clients, but at 2x DSCR!

i wouldn't tell you where you should move since i don't know you.also, a lender would be in the best position to advise whether you qualify for a specific loan. 

My electrician said that it just needed new breakers The property is liveable and rennovated apart from this.What is the cheapest % interest dscr/hardmoney/rennovation loan I could get?

In response to your original question, closing agents should handle private loans just like a bank loan. 

I own a home currently with a conventional loan.

Unless it’s specified by your loan type or lender, you don’t have to.

DSCR loan How did you add value to the deal?

Again, the $600 interest threshold is per loan, not per person.But this was not my money!

., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.