@Aubrey Adams-Thanks for the post / question -I would recommend developing a hypothetical plan  ( purchase price / loan amt needed ) and get pre approved ..this process is free and it will help get you organized and also to educate you  in many ways ..if you never end up buying - no worries and no costs have been wasted 

With a cash-out refinance DSCR loan, you would be pulling out about $300k out of property A, and $73k out of property B with rates in the mid 6's at the moment

This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.

Using a HELOC can work, but it's still a second loan on one property so I wouldn't be looking for a way to leverage one of your two properties just yet to get a third.

Have you gotten loans at those terms?

Jaycee Greene it's a $376k loan with $3200/month.

@Kenneth JohnsonTo invest in real estate, build a strong financial foundation, educate yourself, network, start small with house hacking, FHA loans, and savings, consider creative financing options, build sales and negotiation skills, and have realistic expectations.

This typically comes into play with big banks (Chase, etc) who are buying the loans to place them on their balance sheet.

. - The FHA 203(k) loan is a great way to buy a MFR as it allows repairs to be included in the purchase mortgage.

You could also look into non-recourse loans.