Most of it is the 20-200 product that you mentioned.Ya in the west coast it makes zero sense dirt is too expensive and value is owner occ not rentals.. make a ton more selling to an owner over a landlord.. and I mean a TON more 

We are a direct lender and not a broker so I think that allows us a bit more flexibility when underwriting borrowers/deals and because we only lend in certain markets that we are very familiar with there is a comfort level in going all the way to 70%good business plan.. on the west coast the experienced operators are getting smokin deals. not much more than a bank.I have one closing at 1 point and 8%  for a 9% apr.. my bank I am at 7.5% apr.. as prime is 5.5.. 

If that is anywhere on the west coast those numbers seen low.

Property A.68,000 , 2BD 1 BATH, in a good neighborhood in the west side of Wilmington and already rented out with tenants for this year but property value will most likely not increase much in the next few years.

I work in the Pueblo and Pueblo West area and have found most success with smaller "Local" banks. 

Hey Aaron - have you tried cornerstone, central bank, bank of the west, or bank 21 yet?

I am currently investing small multi-family while building out an acquisition leg for properties in my area Monmouth & Ocean Jersey Shore - I will ultimately be wholesaling the deals that don't work for my business.I am also going into the Mid-West for some small multifamily as well.

All properties in any general market (i.e.Midwest, West, South, et...) can't be grouped together.

but generally where we see out of area West coast investors get hurt in the mid west or deep south.. is chasing yield.. without understanding that rental props in those areas price for Risk..in the Couv you have pretty much 2 risk profiles.. you have some lower class type rentals say in Fruit valley area.. but that's about as bad as it gets..

Anyone have any recommendations for an architect on the west side of Cleveland?