I only have 2-6 unit properties, but in the dense urban environments I invest in those properties are prevalent.

(I thought Saskatoon and Regina would have different rules and regulations.

Is KBS Lending putting you through the federal regulations on the refinance?

Also since the industry is regulated they can't place signs on the property, ads in the paper etc.Hope it helps some.

You never know what the lending environment will look like at that time and that might be a problem.  

And what is the best source to get lease agreement forms and other necessary forms compliant with state/county laws and regulations? 

That way you don't lose TONS of money with:Hard money WILL have regulations on credit and incomeYou will have to get an appraisalYou will have to show experience with previous investment properties (My area requires 4 deals)You WILL owe that balance at the end of the term (If not you will get buried in extension fees) POINTS!

There are also a ton of investors in the community that are always looking to help, even in a cut throat environment.

As per commercial non consumer purpose loans, it would depend on the language of the specific state's laws, rules and regulations regarding loans, contracts, torts, etc., whether or not it is considered predatory lending or if lender liability can be invoked on some other issue.The real issue for me is that even if it passes muster in a particular state, what happens if the borrower files bankruptcy and does so utilizing Federal guidelines.  

Yet, on the same token, since there isn't any guidance from the FTB, you may be able to convince an FTB agent that your structure is within the bounds of the regulations.