House Hacking using the VA loan to live on one side while renting the other is great.2.

Account Closed said, income and assets are the only "hassle" with a conventional loan.

We process, underwrite, close and fund the loan.  

And addressing my item #1 comment, almost always, when a "distressed" homeowner is approached, they initially are grateful to have the loan brought current, but before long they forget the circumstances they were in and you become the bad guy that stole their house.

I am sure the interest in that hard money isn't great.All DSCR loans I have seen require at least 12 months.

Most min loans amounts are going to be 50-100k, so an issue there.

In response to your original question, closing agents should handle private loans just like a bank loan. 

We've utilized the VA loan for our current home, and this strategy has worked well so far.

Or put in your interest rate here, and your loan balance there.The art is where I think most people struggle, and I don't think this can really be done without real world knowledge.  

What are your Loan terms and P/I relative to the cashflow after taxes?