Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Comps do not lie, if she pulled similar ones then that's what it is but if the agent did not take into account the bedroom and lot size that would change the value.

I'm a property manager now so it does benefit me when someone buys an investment property and hires us, but I have never changed my tune on telling someone to buy the right rental properties, did that way before when I was just another investor.  

Usually its because there is a lot of debt risk. when interest rates went up a year or so ago I lost over 300k in sydication projects I was a part of because I didn't understand this concept.

In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.  

After that, I changed PMs' and a year later, still not sure if I'm safe from "cash grabs." 

Do you think this strategy gains strength if lets say... in five years interest rates are at 5.5 vs 7.5 now?  

Taxes will still be owed on the boot plus depreciation recapture (approximately $105K taxed at a 25% rate).

My main concern is the interest rates being so high now as to whether what I'm hoping to achieve is really even possible. 

My question is, does anyone know if it is possible that I can convert the building into a 4 units apartment with that Mixed Use zoning or do I have to request a change of zoning?