They issue a very strong full Loan Approval and commitment within 24 hours that the banks/sellers like to see.

Refinance with a DSCR loan.

@Don KonipolWe have done very similar on a quasi participation agreement where it’s a 12% loan and 2 points at $500k.

I am a general contractor as well as a commercial loan broker and so far this market have been well for us.

We have about 20% as a "down payment," but I assume that avoiding a traditional loan would be the best way to avoid extra fees and costs.Have you ever purchased a home from a family member, and if so, how did you come up with the money? 

If rate come down and  you refinance out of current loan, another appraisal will most likely be done again, no need to pay it twice.  

Currently conducting research and finding that most software is limited when it comest to:• Current Equity in the property• Updated Appraisal Value• Updated FTV %Reonomy has some of this information IF there is a CMBS loan; however, it only shows the appraisal value at the time the load was issued... so, it was issued in 2019 thats where the appraisal value stops, leaving a 5 year gap.

In FL I have a lender who gets the 10% second home loans done easily. 

But am wondering if there is already a quality reservoir of information out there that folks are familiar with.Hi Arjun, I am from Colombia, and I have invested in real state over there, however I have lived the last 6 years in Spain, I exactly arrived when the economic recession started :/ However, living in the South of Spain (La costa del Sol , Andalusia) and observing how the prices have tragically decreased through the years I have finally decided to get into the business here,..

Your loan may be dependent on the income you are getting from the other side.