Do you have other assets you can borrow against?  

This type of product cannot be negotiated as they are designed for primary residence borrowers and there a ton of fair lending issues that are tied to them and banks can get in a lot of trouble for giving one persona break and not the next.A commercial real estate loan on the other hand can be used for any type of real estate including 1-4 unit properties so long as they are primarily for investment of business purposes.  

Subordinate Liens: Except as permitted by federal law, Borrower shall not allow any lien inferior to the security instrument to be perfected against the Property without Lender's prior written permission.

As a commercial lender I have a database built with borrower's tax, income, debt, and net worth history.  

Can you borrow the funds from a friend or relative?

But borrowing money is just borrowing, the better the rate the better off I am.

This applies to one to four unit properties.Minimum credit score of the mortgage loan borrowers must be 720 FICO credit scores or higher.Fannie Mae requires that there cannot be any mortgage lates in the past 12 months on any of the borrower’s mortgaged properties.

Conventional loans have “adjustments” based on the borrowers criteria & property.

When you boil it down to the borrower themselves, there isn't that big of a difference in overall underwriting of the loan.

Projecting $30k annual net operating profits (after paying monthly mortgage & service costs.)Cash invested $90k (closing costs, repairs/improvements & adding furniture, TVs, appliances, etc.)Cash borrowed: $463kHours invested: 500Projected annual revenue $70kAnnual mortgage, taxes, insurance $37kAnnual maintenance & cleaning $20kAnnual repair budget $10k Lessons learned?