It may not entirely make sense to go from a 30 year mortgage to 15 year mortgage if your debt to income ratio is tight in any sense.

if the property is in Oregon they need state MLS and NMLS registration for ANY loan on a 1 to 4 unit regardless of purpose.thanks appreciate your feedback- we're only pocking $40k after paying off another heloc and debt. need to finish a big electrical job on the house, etc. so can't save up, but still have over $100K equity.

Debt: Seller FinanceEquity: Raised capital from friends and family How did you add value to the deal?

To your point, yes the larger check writers want more of the upside, control and will also do a more thorough look at the sponsor to understand where the GP equity is coming from, who is guaranteeing the debt etc. etc. 

So it's not the same as bank which might do 2-2.5x once debt payments are factored in. 

Brokers have a pool of investors and can also close within 2-3 weeks; the closing isn’t always relative to when the investor can close, it also depends on title issues and if there are multiple liens that have to be negotiated, hence the reason “Short Sales” are better options when a seller has more debt against the home verse it value. 3.

The capital stack is approx 70% debt, 5% pref equity and 25% common equity.

This often breaks even on your current properties making them more or less a non event in your debt to income ratio. 

Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.Once you choose an investment city that meets all the above requirements, select a tenant segment with the right income behaviors.

They generally charge 1% for debt introductions and 3% (although I’ve seen up to 5%) for equity.