Ramp up programs. 

There are 30 year fixed options and there are generally programs for 1-4 units and 5-8 units. 

Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.

When flipping, the most important thing is understanding the available loan programs for potential buyers.

Assuming you go the DSCR route, your mortgage payment will probably be more like $19k at least...but your loan is using an 80% LTV, which is higher than most lenders I work with, I usually see 75% LTV.Sorry to be peppering you with numbers, but depending on what you're looking for in return, this appears to be a very marginal deal.

If you can clearly define your buy box and be up front with any program you go with, then you should be ready to go!

On Furnished Finder, the incremental rent appears to be about $1.20/SF.Having a property manager to handle mid-term rentals is crucial.

Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.

And then, with every new program manager we get it seems there is a new idea about what color scheme will be better to keep the clients calm so we repaint them walls at least with each New management change that occurs.

Sure, some voucher recipients game the system (years ago, I had a tenant who knew exactly how many hours she could work and how much income she could earn to remain on the program).