I'm a credit union person overall- it can be a little less friendly for multiple accounts, sharing funds ect. 

If you are using a local credit union or balance sheet lender they have additional qualification standards but I see you are in Oxnard.

I like small local community banks and credit unions more than big banks.

But I'll note that they use the same technology that QuickBooks uses for their bank account sync, so they probably have some of the same issues I had with my smaller banks and oddball credit union lenders.

Finding financing for multifamily properties in the 5-10 unit range typically means local banks and credit unions, or small balance commercial lenders.

I am fortunate that my local credit union offers HELOCs at prime+2 for rentals at 100%LTV so I was able to get most of the equity back out relatively cheap and painlessly.The one rub here (and not against OCF specifically) is that the property only appraised for $30k.

We run all this through a larger software but before we owned a management company we used Trans Union. - Verified income must be a minimum of 3X the rent. - Current employer reference must be provided and we must speak with the employer.

I suggested, he reach out to Floridacentral Credit Union that his mother has used for years and apply for a refi loan.

@Jamie Parker  I would start talking to local banks/credit unions that do investment property construction loans once you have identified the project and have some details. 

DSCR 1 ratio will get you best terms depending on your credit and LTV for many lenders who specialize in DSCR loan products which in many cases isn't banks or credit unions as they don't feel as comfortable with the products as conventional loan products.