Hey Patrick, This would be a DSCR loan.

I recommend that you find a trusted or recommended Mortgage Loan Originator (MLO), who can give you options for property-based loans (mostly investment loans) and they don't use your taxes but the P&L of the property.

Now let's say I find a triplex that covers the 1% rule but combined cash flow from all 3 doors is roughly $150-$200 or would you want to keep it at $150-$200 cash flow per door with the 1% rule applying? 

, also have a good lender if you need one for bridge loans. 

Ideally I want a combination of the Burnham block duplex style but cleaner, and more usonian looking.

If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal. 

That being said, I had to translate a lot of documents on my own for the loan process, so there was more effort involved.

Traditional bank loans can be slow and have strict requirements, while hard money and private lending seem to offer more flexibility.For those who’ve secured funding before, what’s been your experience?

Let's say you borrow $100,000 to pay off your $50,000 IRA loan, $25,000 on credit cards, and keep $25,000 for finishing renovations.

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