Why i ask is i am looking for a DSCR loan and hoping to see better loan rates soon.ThanksRyan,In my experience, timing the market can be a difficult thing.

This resulting number would be either net positive or negative.

It is owner occupied and I will be moving into the vacant unit.

Be hands on and know what you're looking at and talking about. 

This residence is being paid for by cash, no mortgage, etc.

You may already know this but as a good rule of thumb if Property purchase price plus rehab is less than or equal to 70% of the After repaired value you are going to be a winner 9/10 times. 

I can see the advantages of being able to get a down payment to reinvest in a small MFR and I will be able to capitalize on my lower interest for some positive cash flow.All of the disadvantages I can think of involve some upfront investment for legal advice and work, time for further education and that's about it.Any feedback will be greatly appreciated.Thanks all!

I immediately called the contractors to see what can be done, and decided that best option would be to insulate the attic.

If nothing else these would be added to the amount owed to you.We love subordinate lenders behind our first-position liens.

However, this would be putting 2 attached units in front and 2 attached units at the back so don't think that would fly but if it does that would be fantastic.