Ask them if they can explain how they came to those numbers, so you have a clearer idea how your qualifications will change for less expensive property with lower rents compared to a more expensive property with higher rents. 

I don't know how planted your roots are in NY but it may be beneficial to go house hack in a more affordable state.

Start with partnering with a more experienced sponsor.

Allowed me to make a more informed decision versus just relying on the marketing materials from the syndicator. 

Hi Bekzod,If you're new to the U.S. market, I recommend beginning with a more passive investment, such as retail triple net-leased properties.

To me, that is a more invaluable requirement for a rental investor. 

So you can decide whether due-on-sale is a big enough risk to make it worth getting a more expensive commercial loan like you have been, or keeping the property title in your personal name.In my experience the insurance premiums are not affected by whether you own in your personal name versus LLC. 

I probably would have to do a more accurate estimate.

Or open a LLC in a more friendly state like Delaware, Texas, or Nevada but I think you're getting ahead of yourself honestly.

I'll make a point of swinging through there and get back with a more informed opinion on that specific street.