Getting your utilization down on your credit cards and heloc will improve your score and should be your priority.To answer your original question, the questions to ask are about prepayment penalties and points for DSCR loans.

From what I have read two prong are acceptable as long as original and in good working order.

Add to that the original $100k that was borrowed, the total received over 15 years should be $205,000. 

Originally posted by @Trevor Osgood:I bought a property in a borough near Pittsburgh.

You're not worried about monthly interest payments, loan origination fees, etc. 

Add to that the original $100k that was borrowed, the total received over 15 years should be $205,000.

Our background is primarily in software, which we hope to use originate differentiated, high-quality deals.

We originally hoped to rent as a mid term rental in a smaller town with a hospital, but the market quickly became oversaturated for the small demand so we decided to shift to long term rentals on both sides.

I was originally looking at Indian rocks beach but have extended my search to Seminole (both zoned for STR).

If so does the cash out reset the loan to the original amount or does it increase it to include the value of the new unit (i.e. original loan was 300k and after cash out it becomes 550k?)