Originally posted by @Caleb Heimsoth:You may have a hard time finding a commercial loan at that interest rate If iattain 10 year debt at 30 amt. through a Freddie Mac’s small business loan the rates would be 4.5-4.75%

For "Conforming, Conventional" loans (loans governed by Fannie Mae and Freddie Mac) each bank uses the same set of rules. 

I have posted this a hundred times:475.42-brokering without a license is a 3rd degree felony in FL.475.43-using contracts as a scheme or device to broker real estate is not legal.Brokering is the following--A BAR SALEAdvertisingBuyingAppraisingRentingSellingAuctioningLeasingExchangingFOR ANOTHER...so...this gentleman, even though believing he is doing stuff legally, is violating FL law.

A "conforming, conventional" loan is a loan type governed by Fannie Mae and Freddie Mac (if you recognize those names) and the terms will be the same at each bank...since it's Fannie/Freddie money. 

@ Max Mac Phail, what methods have worked well for you in Las Vegas?

Or at least a 12-month history with your tax returns, and the calculations are different as of march 2018 with Freddie Mac.

For a "conforming, conventional" loan (loans governed by Fannie Mae and Freddie Mac) they will use potential rental income for a purchase. 

I’m a former nurse turned medical device sales rep, 30 years old, and married with 4 kids in Cincinnati. 

In the multifamily capital markets, Freddie Mac and Fannie Mae offer a wide variety of attractive loan options, including a 60-90-120 day lock feature with the quoted spreads being higher for the longer timeframes. 

I have one in my market here in TX if you can’t find one that might be helpful bc Fannie Mae and Feddie Mac are fed programs.