I would recommend on working with an experienced debt broker who can help you shop / compare terms across different lenders.

@Aaron SalladeJust remember if there are any other outstanding debts / lawsuits or future lawsuits with the trust you would be assuming those as well.

I've litigated personal injury cases (plaintiff's side and ID), business disputes, commercial debt, consumer debt, fraud, civil rights, contested foreclosure, real estate disputes, and landlord-tenant cases.For the past year and a half, I have been spending most of my time digging into small business acquisitions.

Lenders do not look at your personal income or debt and will use the current market rent or lease (up to 120% if the lease is significantly higher than market rent or vice versa) as qualifying income.

FDCPA controls debt collection and makes sure that buyers  of defaulted debt don't threaten borrowers with violence , phone calls in the middle of the night and non-existent jail sentences for failure to repay.

I am on the board of CFRI, the local chapter of the National REIA.

Quote from @Samuel Coronado: Quote from @Jordan Moorhead: You can use local banks and there are national lenders.

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

Though DSCR gives you a better picture of how the property is projected to perform vs debt service, you can't rely solely on one measure to make a purchase decision. 

Sacrificing a 2.25% rate for 7.5% debt is hard to justify unless the new investments significantly outperform the added costs.