This year got bank mortgages for 4.25%, 4.75%, 4.25% fixed rates. 

Quote from @Stevan Stojakovic: For those who’ve used both: what’s been smoother in practice, DSCR lending or traditional bank loans tied to income?

On the traditional bank loan side, DTI and reserves became onerous, particularly after the 4th conventional mortgage.  

I don’t think a traditional bank will take it on, so I may need a hard money lender or private lender.

Do I use one of the online banks?

I know many buyers seek it for key advantages over traditional bank loans, including more flexible terms, a faster closing process, and more lenient qualification requirements.

Local banks or credit unions are often better for creative lending, while bigger banks can make transactions and accounting simpler

I don’t think a traditional bank will take it on, so I may need a hard money lender or private lender.

I put most of my multifamily deals in front of Fannie, Freddie, and 6 to 10 traditional banks and credit unions (grab bag mix of local and nationwide), as soon as I have the credit package together, if there's even a remote chance it will qualify.

I was going to use traditional bank financing but the seller was happy to get 3% on the money.