I personally wouldn't go as far as to call them shady, but there's definitely been some fees and hurdles that weren't exactly laid out during the initial conversations and I'm in no way questioning your use of the description. 

If you have any questions about getting financing in the U.S. as a Canadian, feel free to reach out.

So to answer your question, you are not bound to a lender.

@Greg Junge my question exactly.

Thanks again for everyone that took the time to read this & answer my questions!

They questioned them and sent to legal department.

Also the property rents for 2K and has good cash flow.Hey Mikal - that deal would be pretty easily done as a DSCR but the main reason you would want to go that route is if you want to 1) put title in an LLC for asset protection 2) qualify off the property's income and not your personal DTI 3) keep this mortgage off your personal record so you can qualify for another conventional loan down the road question: Are easy street loans personally guaranteed? 

Question.

To your last question, that will depend on if you believe the property will continue appreciating.If you deal with it today, the “gain” is on today’s value.

But to answer, your question, you should be able to get the loan process started asap and close at the 6 month mark.