I ended up with some rules, couple here:1.Discrimination - Never Rent to Attorneys, Law students or Law Professors.Learn all you can about the Housing Laws i.e.

The interest rate on a HELOC or Heloan may be better than the personal loan. 

We've utilized the VA loan for our current home, and this strategy has worked well so far.

Kieran, the best bet here is to refinance with a DSCR loan.

Another thought - are you considering an FHA loan on the next one?

Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.

And addressing my item #1 comment, almost always, when a "distressed" homeowner is approached, they initially are grateful to have the loan brought current, but before long they forget the circumstances they were in and you become the bad guy that stole their house.

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.