I am being charged $225 a month in interest on my loan to AHP.

There will be no assessment for increase in taxes or insurance so remains at $1935.

Lastly, if you need help with a loan or want to talk, shoot me a DM or email!

Make sure you talk with your insurance company on what you would need to faciliate these types of amenities in your rental.

Plus moving to your house will allow you to take advantage of the best loan programs!

Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

Question: Should I collateralize the loan (if using private or hard money), or rely on roll-over loans (to maximize the lower points and 3-4% rate)?

Mortgages are the last thing to default for a homeowner and appreciation has been so high in Canada that every homeowner who has purchased before 2022 has gained equity and could just refinance their loan over a longer amortization before defaulting.

I can help run their existing numbers to get more of an idea of the Business's Financials and work with you on how a loan payment would affect cash flows. 

Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.