Originally, I used a local bank because they didn't charge for wires or cashiers checks to close on properties, but once I built a small portfolio and tenants were paying with checks, I realized the cost savings for the occasional closing wasn't worth the fact that they didn't have mobile deposit or an app.And especially when you are starting off, and money will likely be primarily coming from your personal account, it is nice to be able to simply hop on the app, transfer $100k from personal to business account immediately, then wire the money to the title company from the app to be ready for closing.As you get larger, your bank may matter more, as some lenders will require you to hold the bank account for that asset at their bank, but that is a bridge you will be crossing much later on, typically.

A broker familiar w/ business purpose lending (short term rehab/bridge loans) can advise on the deal,  provide paperwork that will protect and keep you clear of usury.PM me if interested in more details.

Please go on regarding the bridge loan.

So many bridge loans are maturing in the next 12-24 months starting this month.

Their loans are rehabs, commercial bridge, portfolio, and 90% acquisition.

That's true for every bridge loan lender I've worked with. 

I'm also trying to find ways to bridge the gap between agents and wholesalers and develop a powerhouse agent and wholesaler connection with myself and another agent!

There are bridge loans that take a construction loan to permanent debt. once a property has seasoned and it's completed you can refinance. whether that is a new build or a flip, lenders typically have seasoning requirements. building is all about structured finance and making sure the loan product is a bridge product or temp to perm. if you want to learn more I'd recommend talking to construction financing firms. we are a builder 

The down payment can be as low as 3.5%, but this loan has certain limitations and requirements, including restrictions on the types of renovations and a cap on the total loan amount.Bridge Loans: A bridge loan is a short-term loan used until a person or company secures permanent financing.

@Matt B. one answer to this would be to purchase on a bridge loan for 75-80% LTC, stabilize the rents to where they ought to be, then refinance into a DSCR product once you have that 1.00-1.20+ ratio.