With that said, I still calculate Cap rate because so far I had only obtained traditional loans with a same down payment percent and haven't been very creative with terms.

I have more traditional marketing methods.

I am currently in the middle of a renovation project in the Bordeaux area so my personal cash is tied up and I am pretty sure traditional financing options would not be available because of the renovation.

I have an opportunity for a development project that would better fit a condo/townhome project rather than traditional Multifamily. 

Cash out refinances are better for any money you may leave in a deal (turnkey/traditional or leftover from BRRRRs), especially considering where rates are at the moment.

Just a few traditional non bank options. 

Please forgive me but I thought one could get traditional financing on SF BRRRR properties. 

You are a traditional buyer.

That said, plenty of properties under $1M can be fully justified to order traditionally engineered cost segregation study.

I’ve been told you can refinance for a traditional loan and drop your MIP with the switch.