We want to see equity, seasoning, a quality borrower, and good terms. 

@Frank Mongiello is a great choice for a real estate agent who works with real estate investors in South Florida and Central Florida

If I'm borrowing at 7.5%, is that value destruction (unless appreciation is really good)?

.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.

I would great appreciate more info in order to make a more educated choice.

A lender is required to establish the ATR of a borrower when it will be their primary residence.

Be fair but firm with your choices.

However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.

AND, your son will be at the mercy of the SELLER and dependent on the SELLER's good choices for the life of the loan.

Small shop brokers that have access to multiple programs so that they aren't beholden to one or just a few loan programs will typically get the most competitive product for the borrower.