Rates are on the way down, meaning Spring will likely bring a new wave of demand to the market and folks will look to refinance their home, taking cash out to pay for life needs, and also likely to splurge on new toys.

I do not want to refinance since I have a 3.2% mortgage. well, the 5% is not something I would even touch, but the appreciation seems nice, All the best BTW I never said refi :)  Correct, but you did (incorrectly) state that I "No sorry it does not.

If that is the case then entering $0 sounds correct. 3.

I believe New York is attorney state, so we have to use attorney to do double closing and assignment deals, correct?

And correct, it's a DMV matter.2021 Clayton.  

Then after settled move into other projects each year to pay down debt.also, from FHA one to two on our duplex we would need to refinance out of that loan, correct?

I guess the question would be something about how portfolios are treated during financing or maybe I'm not seeing it from the correct perspective.

You need to do the ethical thing and inform this person that your not of the correct knowledge or skill level to best represent this transaction. 

At the end of the day, neither are effective without understand how they work and their limitations but if used correctly they can be used in conjunction with one another.

You are experiencing what many fall victim to in the DSCR world when certain loan officers or banks try and broker DSCR loans when they are not well versed.A DSCR loan has to be underwritten up front by the Banker or Loan officer and many fail to run the numbers correctly or at all.