@Joseph Chiofalo has some great nationwide STR investment loan products and fixed rate second/Helocs for investors loans clients tapped into recently. 

Here is how I see it:Private Money Lenders:Companies: These companies give loans based on the value of the property and the borrower's financial situation.Individuals: Wealthy individuals usually care most about the property and the borrower's experience.

Did you hire a management company?

This is a direct conversation from my email about this exactly (names and companies withheld of course):Me: This is Under contract-accepting backup offers on the MLS so does not make sense it is here also (in a wholesale email).Them: We have it under contract.Me: Yeah but why would anyone buy something from you that was on the MLS and they could have bought direct?

Current loan is 420k and value at 545k, credit score 740+.

This is determined by the location, the tenant segment you target and the companies they work for.In the rest of this post, I will explain how to select the investment location, tenant segment, and property, as well as the information needed and the sources.Selecting an Investment Location or CityThe investment location is your most crucial investment decision, not the property itself.

But, the water company and APCO will let you know if you have to get a permit and inspection to get utilities turned on. 

Also open to any creative ideas around loans with less than 7% rate for a 2nd property. (20% down)https://www.zillow.com/homedetails/4-Fifth-Avenue-York-ME-03...

If using high LTV loan and legit underwriting, the purchase will have negative initial cash flow.  

I recently purchased my first property that I plan to BRRRR, and had used a homestyle renovation loan which allowed me to use a bank for the mortgage and rehab.