.- thanks   1) on the  1st mtg  refinance proposal at 4.1%  -  sounds like they are  offering you the  higher note  rate  so they can  absorb  some of the closing costs .....make sure you get a loan estimate and  review the details about them picking up all costs  ( titel / escrow / recording /  credit  etc ...)    2)  also  check the  index / margin and  caps   on the new  loan  offer   and  compare these to the  present loan  details  ...if you  keep this loan past the   rate/ payment  adjustment  period - you want to make sure  you  are aware of  how the ARM  can  change   3) the offer  to  do  " free  "  refinances in the  future  is  no  big deal  beacuse  any lender  can offer this  via  a higher rate  to  absorb  all costs 

- Loan Type and Liability: Implications of personal vs.

I'm planning to pursue a conventional loan with 10% down payment.

Find loans like FHA or standard ones.

So instead of paying the bank for a home equity line of credit on my first home and paying them interest, I was able to use a personal loan to myself via my employer 403b and pay myself back with interest. 

- Loan Type and Liability: Implications of personal vs.

I believe the most cost effective strategy would be to get a private loan from someone to purchase with cash.

When you go above 4 units you get into a different loan program that offers less leverage, has stricter guidelines, higher rates.I'd stay right in the lane you are in. 

Wanting to know if they have any DSCR lenders that will loan on a condo.

After calculating all of the properties, the average cap rate is around 5% and the COC ROI is always negative (I am putting down 25% for a DSCR loan).