Banks also won’t loan less than 50k on a home loan period.

You are following the big banks model but doing it more carefully and lending to borrowers who can't go to the bank. 

I'm having trouble finding a lender who will do this.Thanks much in advance... non bank lenders who are doing DSCR do not allow 2nds on the back end. they want skin in the game

Using a 65% bank Collateralization, just on the equity valuation and not the Operating Income. 

DSCR or no-income loans still exist, but rates and lender flexibility can vary, so it’s smart to also consider local banks or portfolio lenders who may look at your overall financial strength.

Are you partial to local bank/credit union or Hard Money lenders?

That I can go to the bank, get the $, and the bank pays them.

@Kari Rak you want to be REALLY careful buying anything from the Land Bank. 

If refinancing is tricky with your current bank, you might explore portfolio or private lenders who consider your full track record and rehabs, or a cash-out refi elsewhere to free up funds for the next project.

Hey BP community,With banks tightening their criteria and private credit assets continuing to grow, I’ve been digging into how private money lending is evolving — especially in our real-estate investing space.