I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

With a 203k Renovation loan, you can also finance in your payments if you are doing a major rehab. 

You can only do this with a commercial loan.

.: Anyone with experience (and/or referrals to lenders) with non-recourse loans?

We are trying to think of all our options for a rehab loan.

They simply do Fannie, Freddie, FHA, VA, and USDA loans.

Hey Jack, There are two types of loans investors use in their BRRRR strategy. 1.

Different DSCR lenders have different guidelines.More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

I believe they are recouping costs associated with loans they don't close.