Working on my first rental property (bought from the bank.)

And once you have a proven track record, you may be able to work with a local bank to get a business LOC or some other type of loan to fund your projects at even better rates than 8%.

Our cash flow and credit scores are good (mid 700's to 800's depending on which reporting agency is used) but we do not have W2 jobs anymore so that prevents the regular bank route for a 30 year loanAll feedback appreciated!

@Ben Kahle it’s not very innovative, but for assets that size we build a bank of parcel lockers using various sizes of something like this:https://www.mailboxes.com/mobile/products/4c-horizontal-mailbox-10-door-high-unit-37-1/2-inches-double-column-stand-alone-parcel-locker-4-pl5s-front-loading-usps-access/It’s much more affordable than the Amazon Hub and other similar high tech solutions.

Get a degree in banking / finance.

I would think a local community bank would be a good fit if you have your budgets and contractors, etc.Darrin

Banking is usually on a 360 day calendar....you’re really taking the time to question less than 15 cents a month?

I like to know which bank in America lends with 3.5% interest rate.

A bank may offer 80% LTV rate/term refinances but reduce cash out refinances to 70-75%.  

We recently closed on another deal very similar with a local bank and the SBA.