Some loans like DSCR (Debt Service Coverage Ratio) loans are based on how the property operates as a rental (income, expenses, etc). 4.

I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2.

Not sure how often that happens and to the extent it does, how much individuals are receiving.Trying my best not to politicize this, but have to add that massive bailouts are going to continue to get harder to afford with the high federal debt we have today.

Took out a bit more debt than I should have because my rev projections were a bit too high (at least for year 1). 

They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process. 

After purchase, you can do a cash-out refi of 75% of the appraised value to free up your cash again, and repeat.There's also DSCR (debt service coverage ratio) loans.

That means you would have to qualify based on your income and your debts.

So, I believe this would require me to get additional debt via a separate loan at a rate higher than my mortgage rate.

Older and less interested in risk/debt?

*Tenant occupied properties that need a lot of work - especially when combined with my point above.