If your your tenants are like you stated at first then maybe  your asset class needs to be improved. so you get better tenants..

It's just that in this market deals are few and far between and I don't know when or even if I could find another deal soon.You are putting both assets at risk for a very long time.

@Trevor WilcoxIn order to get a line of credit the lender will need to secure / collateralize it against existing asset(s).

I would suggest you build up a bit more liquid assets just to diversify and also have assets you can quickly access if needed.

Now DSCR loans are loans that are looking primarily at the asset to pay for the liability of the mortgage. 

If you have more than 25% down and you know that you can use the rest of the money you have to help you fix the property or invest it in another asset where the money will continue to grow then by all means go for it.

Hello MP, To answer your question: Yes, in a divorce, the IRS allows for tax-free transfers of IRA assets, including those in a Self-Directed IRA (SDIRA), if the transfer is specifically outlined in the divorce decree.

It’s really not hard to find someoneFor example people who buy a loan in their name and move it to LLC - some say for asset protection and some say to hide their name - well the recorded mortgage is still in their name and it’s a quit claim deed to a LLC so it doesn’t take a rocket scientist to figure who owns the LLC

Income, assets and credit to qualify, but lenders are providing many more creative solutions to get that loan funded. 

How long has this asset been on the market and why are they selling?