The math behind is like this 175k loan is roughly mortgage payment of 1408 per month ( This is with 9% interest rate, DSCR tend to be 1-2% higher ) + insurance and Taxes.

@Imdhadur RahmanBest I’ve seen is 15% down, and you pay more in rate as a result of the down payment.

The issue with high interest rates is they are even higher for foreign investors.

@Jay Ben, the class rating system is generally subjective.For properties: things like age and amenities drive the rating.  

I aim to refinance the loan under conventional investment terms to avoid the high interest rates associated with hard money loans.With an excellent credit score, securing a loan shouldn't be a challenge.

So east side sales comp is much better than the west side (because of crime rates).

I would need to know quite a bit more info to help you with any advice;-Current rate?

Newer company, many times these companies come out super cheap and then when they become unfprofitable then they will re-rate and match the rest of the market.

Who is getting good response rates from sellers by sending out mailers? 

Appraisers will take into account the amount of rents and also the local cap rate when determining value.