The rate will be better by half most likely and the bank you are talking to is probability going to cross collateralize your SFR at only 60 ltv anyway.

You can use regular purchase and sales agreement and cross out those sections that don't apply.

If not you could possibly offer to be a sponsor for it and have your contact info there etc.Check the tax record for each property and cross check that name with the state real estate commission to see if they are licensed.Some subdivisions do not turn over much so you have to watch for that as people want to stay a long time.

I'm sure we'll cross paths at the networking events.All the best!

@Sharda Brown cross the border into nw Indiana.

Call Kevin Cross and his team at Keller Williams. 

If they cross reference, it could be considered by the IRS a sale and all taxes come due immediately. 

@Daniel Cruz It's nice to hear a positive feedback on my home town boy Engelo even though we keep crossing each other in a parallel way.  

It is only because I am personally familiar with the community that the though even crossed my mind at all...

Prior to my current job I served in the Marine Corps for 5 years.