It depends on your risk level and the assets you already have.

I assume 1) this alteration is over $25K and a Level 2 alteration (vs.

Required licensing will be defined at the state and local levels.  

@Bob Collett: Some low level accounts work for a local company.

We also design them a program based on their experience level, time commitment and their personal goals.  

After seeing the potential of this I want to take this to the next level.

@Walter Purdy The most important thing I look for with lenders is there level of communication with me.

I do some of this myself but don't always want to, or have time to, and I'm getting to a portfolio level that makes remembering every house more difficult. 

Cash out, refinance, non-owner-occupied, 3-4 unit, is like every big loan level pricing adjustment there is all at once. 

According to the Federal Housing Finance Agency, as of July 2015 we had already reached the levels of November 2006 (pre housing crisis,) with the average nationwide house price of $240,000.