A mortgage lender told me to use a DSCR loan and just move in to the property as a primary residence?!

Buying it as an existing 4bd/4bth is doable. 

The MLS should provide a good starting point between sellers without mortgages on the listing or deals that have closed with cash.From there, you should reach out to these individuals to get an idea of what types of properties and deals they look for.

Budgeting: Many landlords use the 50 percent rule, which means that 50 percent of your rental income should go to covering fixed and variable expenses, other than the mortgage.4.

I ask as I have received offers from buyers that want to do an assumption of the current mortgage via trust acquisition and provide a down payment due to the seller.

Hi @Albert Aitov,For starters, i would recommend reaching out to a mortgage broker.

You may find that you can rent a much nicer condo compared to what you would pay on a mortgage for the same number.

If the existing ceiling paint is damaged, the ceiling must be scraped, repaired and painted.

Hi, I am an investor and mortgage broker in the Southern suburbs of Philadelphia.

why do you need 20% down for an owner-occupied mortgage?