I'm not sure if it's too late to go back and change it now or not, but would you recommend land appraisal it at this point, or do I have enough supporting evidence to use 6%? 

My name is Jaime, I go by the name Jay.

Most of my experience is with larger multifamily, so there's only so much information you're going to get from the owners of those properties on the front end.

Looking to get started in rental properties.

Please google why do I need an LLC when I start in real estate investing.

You said you could go the conventional route and try to get the maximum a bank will let you get on a cash out, however there's different stipulations with a bank cash out refi than a HML. 

And the ways in which you can go after leads is almost endless.

This is my first time filling up a unit and I'm out of state.

Would read more about DSCR loans however locking in rates for 5 years would make little sense in this economic cycle where yield curve is normalising rather steeply.

For this particular deal, we put down 55%.