It isn't insanely different from regular deal but it is also great not paying high fees for a DSCR loan.

Investment Info:Single-family residence hard money loan investment.

Quick question...I am Ohio and connecting with private lenders to assist me in funding my next deal.If the purchase and transaction is with a real estate agent and you have a private lender for your loan, is that considered a "cash" purchase in terms of the real estate contract and telling the seller, or is that still considered financing?  

Cash flow before taxes" = NOI – Debt service – Capital expenses + Loan additions

The property I've set my sights on is a 9-plex where the owners are willing to carry 70% of the loan at a 5.5% rate for a $1,800,000 building.

Hard money lenders specialize in providing short-term loans for real estate investments, typically with higher interest rates and shorter repayment terms than traditional mortgages.

It was a huge selling point as there are a lot of folks that want a shop, or need a storage unit for their stuff and the cost is at least as much per month.I have a 7.5% interest rate loan on the rental.

If your plan is to sell/refi before the loan hits it's adjustment period, this seems like a no brainer (assuming there are no pre payment penalties). 

Especially the program loans. literally the “seller paying commission” is just an accounting play to make banks finance commissions. 

Banks will not loan on properties inside an HOA if more than XX% are rentals.