The president has zero impact on underwriting guidelines and  zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.

I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowering my current interest rate.

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

In short, by listening to your clients and providing a great service, you will make a profit. 

You lose all of the control and these are long term investments - but in my experience the returns match what I had on the active real estate and I am hiring professionals to manage the assets.  

I have a house that’s a long term rental upstairs and a medium term downstairs.

It sounds more like you want to do work for a short time and have success without knowing much.

I’d love to hear more about what you’re targeting in terms of property type and location.

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

Moreover, it allows you to set the terms of the lease agreement according to your preferences, which can help prevent misunderstandings and disputes in the future.