Purchasing a property for your child while they attend college can be a strategic investment and a great way to provide them with stable housing.

Do you charge all fees (estimated) at the time the loan closes?

The interest rate on a HELOC or Heloan may be better than the personal loan. 

Kathy, check out Anchor Loans as a comparable. 

DIRECT MORTGAGE LOAN COMPANY6.

She provided me incorrect information and my 6% locked rate ended up closing at 9.99%.

Just because the property can close in an LLC with a DSCR loan, does not mean the loan is made to an entity.

If it is someone you know you can give them a straight return as if its a loan - can provide a lower interest rate to provide upside - it really depends on the lender and what are they concerned with and what is their risk profile. 

Do you provide the login credentials upfront in case the service gets logged out? 

What I've had clients do in the past is make an offer without a financing contingency where they tell the seller that they are getting a mortgage to close the deal, but also provide proof of assets to show that they can/will close by liquidating the assets if the loan gets declined.