Also should I get prequalified from a few different lenders to see my options?

Many lenders will not do a DSCR loan unless cash flowing.

Many lenders don’t want to discuss fully until I have a building permit. 

Really solid explanation from Ko.The private side of lending is pretty scarce on HELOCs that are available to investment properties, whereas cash-out refinances are available at 75-80% LTV.

It's very easy to get into a situation where the lender, property manager, and the insurance agent are all profiting more than you.

Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.

Last but not least, get out there and meet investors, RE Agents, and Mortgage Lenders. 

My wife and I own a "second home" in Reno Nevada which we purchased with 10% down and were planning to purchase another one, but our lender told us that we can't get another loan for a second home within ~100 mile radius of an area where we already own a second home/primary residence.

Also, I have read that lenders don’t like loaning on properties with liens.

The zoning board can impose fines. also need to adjust lease agreements to reflect tenants status. in the end, with how lenders reflect potential rental income v mtg (dscr) harder to qualify the loan.