Once the construction near BART station completes which is one of the last construction residential projects in Dublin and if the mortgage rates remain low - we will see appreciation in the market due to natural supply/demand economics.

Are you hooked up to natural gas? 

Unless you are planning on getting forced appreciation, I wouldn't count on using your analysis assuming 20%+ down as it could talk a while to get there through natural appreciation and you could be holding a property with negative monthly cash flow for years.

And as for trying to find a different lender, I thought they all pretty much offer the same product so there’s no real reason to shop around?

I toured a mix used building with a coffee shop on the first floor that also sold unmentionable intimate products.  

Both sides went at it, and were 100% convinced that theirs was the right approach, and the other person was full of a cattle product.

Take the survey here.Lindsey, Director of Product Marketing at BiggerPockets

However, just realize you will be just another "number" in their production process of issuing loans.In my view, residential mortgage lenders (non banks) are a dime a dozen. 

@Luke Fuhrman nothing wrong with a company having multiple distribution channels with differential pricing for the exact same product (which bakes in differential distribution costs, such as super bowl ads, etc), but if you know that fact then you probably shouldn't be calling the most expensive of those distribution channels for the exact same product.Rocket's index is focused on the mortgage broker shop (eg, you wouldn't find me there)-- https://www.rocketmortgage.com...This other index lists specific individual loan originators rather than where their license is hung -- https://findamortgagebroker.co...Whatever looks appealing to you, cross reference google business reviews to make sure it'll be a good fit.

@Will Stahl The debt service coverage ratio (DSCR) loan product were designed for exactly your scenario. 1-4 unit properties are eligible, LLCs ownership, up to 80% LTV cash out (though I'm seeing most borrowers choose 75% LTV when they decide on rate), 30-yr fixed rate & term, rates in the 4s.