There are a whole lot of factors and differences among the options, even among lenders that fall under the "private lending" umbrellaSharing an article published last year that maybe can help and provide some more insights:https://www.biggerpockets.com/blog/dscr-loans-terms-to-know

I have owned it for 4 years now and have put a good amount of money into it already but with the condition that it is in now, it probably needs another $30,000-$35,000 put into it.

So are you licensed and insured to be able to manage properties for other people?

For your New construction program, we have an SBA program where we can get you up to a $5m Guided line of credit, with By Annual Payments, the line is good for 5 years. 

Renewal of previous leases are $300/year, roughly, but  - also according to the salesman - they keep tenants in-place 3-4 years on average.Other than those miscellaneous charges, they do have two interesting "guarantees": 1) a $5k eviction protection guarantee, and 2) another $5k in rental income guarantee - which I'm sure was something that stemmed from property owner's concerns during COVID.Overall from what I've seen/heard, Mynd seems like a great company if you want a full hands-off or out-of-state managament approach.

Also extend balloon or amort periods 5 to 7 years.  

In years past, I gave descriptions of expenses to my accountant and they figured it out for me. 

Do you have clarifying questions that you wish you had learned to ask years ago?

I know the interest rate is higher than a 30-year fixed but it might be advantageous to pay down interest.Thoughts?

They come up with a new one every couple years here.